#Tether拟出资2880万欧元参与尤文图斯增资 The signal matters more than the amount: Tether’s “yes” and “abstain” votes
$BTC $UNI
Tether invested €28.8 million in Juventus’s €250 million capital increase, subscribing in proportion to its 11.5% stake and voting in favor. But at the same shareholder meeting, Tether abstained on approving financial statements showing a €66 million loss, appointing directors, and the executive incentive plan.
This was neither blind participation nor opposition. Tether voted for the capital increase because its stake could otherwise be diluted, but abstained because it had reservations about the losses and governance. As the second-largest shareholder, Tether is telling the market through its voting: “I’m putting in money, but I’m not endorsing the status quo.” For those watching RWA and institutional participation, this kind of “measured involvement” is more worth examining closely than the amount itself.
#Tether #尤文图斯 #机构动向 #币安
$BTC $UNI
Tether invested €28.8 million in Juventus’s €250 million capital increase, subscribing in proportion to its 11.5% stake and voting in favor. But at the same shareholder meeting, Tether abstained on approving financial statements showing a €66 million loss, appointing directors, and the executive incentive plan.
This was neither blind participation nor opposition. Tether voted for the capital increase because its stake could otherwise be diluted, but abstained because it had reservations about the losses and governance. As the second-largest shareholder, Tether is telling the market through its voting: “I’m putting in money, but I’m not endorsing the status quo.” For those watching RWA and institutional participation, this kind of “measured involvement” is more worth examining closely than the amount itself.
#Tether #尤文图斯 #机构动向 #币安