Tether to Invest €28.8 Million in Juventus Capital Increase!
Tether is set to contribute approximately €28.8 million to Juventus' €250 million capital increase, reinforcing its position as one of the Italian football club's major shareholders.
Tether currently holds around 11.5% of Juventus and voted in favour of the capital increase proposed by majority shareholder Exor.
However, Tether abstained from voting on other proposals, including the approval of financial statements that reported a €66 million loss.
This move highlights Tether's continued commitment to Juventus and the growing connection between the cryptocurrency industry and traditional sports.
Crypto meets football — and the investment is getting bigger!
#Tether #juventus #USDT #CryptoNews #crypto
Tether is set to contribute approximately €28.8 million to Juventus' €250 million capital increase, reinforcing its position as one of the Italian football club's major shareholders.
Tether currently holds around 11.5% of Juventus and voted in favour of the capital increase proposed by majority shareholder Exor.
However, Tether abstained from voting on other proposals, including the approval of financial statements that reported a €66 million loss.
This move highlights Tether's continued commitment to Juventus and the growing connection between the cryptocurrency industry and traditional sports.
Crypto meets football — and the investment is getting bigger!
#Tether #juventus #USDT #CryptoNews #crypto