#tetherplans€28.8mforjuventuscapitalincrease
🚨 Tether to Invest €28.8M in Juventus Capital Increase
Tether, which holds around 11.5% of Juventus, plans to contribute approximately €28.8 million to the club’s proposed €250 million capital increase, maintaining its proportional stake.
⚽ Tether supported the capital increase but abstained on other key resolutions, including Juventus’ financial statements showing a €66M loss.
📊 Crypto angle: The move highlights Tether’s growing exposure beyond stablecoins and into traditional assets, sports, and strategic investments. However, this is primarily a corporate investment and does not directly change USDT’s market fundamentals.
Bottom line: Tether continues to expand its real-world investment footprint while maintaining its Juventus position.
#Tether #USDT #Juventus #Crypto
$JCT $AIOT $ON
🚨 Tether to Invest €28.8M in Juventus Capital Increase
Tether, which holds around 11.5% of Juventus, plans to contribute approximately €28.8 million to the club’s proposed €250 million capital increase, maintaining its proportional stake.
⚽ Tether supported the capital increase but abstained on other key resolutions, including Juventus’ financial statements showing a €66M loss.
📊 Crypto angle: The move highlights Tether’s growing exposure beyond stablecoins and into traditional assets, sports, and strategic investments. However, this is primarily a corporate investment and does not directly change USDT’s market fundamentals.
Bottom line: Tether continues to expand its real-world investment footprint while maintaining its Juventus position.
#Tether #USDT #Juventus #Crypto
$JCT $AIOT $ON
