Tether Invests Over 10% in Juventus FC, Aiming for Long-Term Growth

Cryptocurrency firm Tether has significantly increased its stake in Italian soccer club Juventus, now holding over 10% of the shares. This move reflects Tether’s commitment to the club’s future and aligns with their long-term strategy, which includes expanding beyond stablecoin operations into areas like AI, payments, and energy. 💰 âš½ The investment was made public in February and has contributed to a surge in Juventus shares, which climbed over 2.5% after the announcement. Tether emphasizes that this decision reflects their confidence in the club’s intrinsic value and potential for growth.