Tether and Juventus: When the “money-printing king” gets into football! 😂
Tether (USDT) has just committed EUR 28.8 million to “pump some blood” into Juventus through a capital increase. It holds an 11.5% stake, but Tether is a bit strange: it voted for the capital increase but abstained from voting on the club’s financial statements, which showed a EUR 66 million loss. Classic: “I believe you’re good at football, but as accountants… let’s just leave it!” 🤦‍♂️ Before that, Tether even tried to buy all of Juventus, but was turned down. That’s what being rich looks like—a stablecoin buying an entire football team!
What should traders do?
1. Track the money flows: Tether has been into “football” lately, which shows its pockets are extremely deep.
2. Be mindful of market sentiment: This is a game for the big sharks. It doesn’t directly affect the USDT chart, but it does show Tether’s expansionist ambitions. Don’t panic and dump your USDT just because Juve is losing money!
⚠️ This is not financial advice!
#TetherPlans€28.8MForJuventusCapitalIncrease #Tether #Juventus #USDT #CryptoNews #WhaleAlert #VINHTOCDO
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