๐จ BREAKING CRYPTO + FOOTBALL NEWS: TETHER GOES AFTER JUVENTUS! โฝ๐ข
Stablecoin giant Tether โ the issuer of USDT โ has just made headlines in both crypto and sports by submitting a binding all-cash bid to acquire Juventus Football Club! If successful, this would be one of the most ambitious intersections of crypto and traditional global sports ever seen.
Hereโs the latest:
๐น Tether offered over โฌ1.1 billion to buy a 65.4% controlling stake from Juventusโs main shareholder, Exor.
๐น The offer values Juventus at about โฌ2.66 per share, a roughly 21% premium over recent market price.
๐น Tether already owns more than 10% of the clubโs stock and even secured a board seat earlier this year.
๐น Exor and the Agnelli family have publicly stated the club is not for sale โ meaning Tetherโs bid was rebuffed early.
๐น If the deal had gone through, Tether pledged a โฌ1 billion investment into Juventusโs future development on and off the pitch.
This strategic move highlights how far crypto companies are trying to integrate into mainstream global culture and elite sports โ not just through sponsorships and fan tokens, but through actual ownership ambitions.
โ What do you think this means for the future of crypto & football?
Will we see more bids like this, or will traditional clubs resist like Juventus? Drop your thoughts ๐