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$JUV BUYING IN SOCCER! Tether (USDT) Wants to PURCHASE Juventus for $1.1 Billion
⚽ The news that Tether (the company behind USDT, the largest stablecoin in the world)
is looking to acquire the entire Italian club Juventus FC is much more than just a simple sports agreement; it is a lesson about the future of large crypto corporations.
- The real lesson is that cryptocurrency companies with solid balances are evolving from being just token issuers to becoming massive investment holdings, seeking tangible traditional assets (like a soccer club) to diversify and validate their financial power.
- Tether reported net earnings exceeding $10 billion this year, mainly due to the performance of U.S. Treasury bonds backing USDT. Additionally, they have 116 tons of gold. This all-cash offer of $1.1 billion demonstrates that the financial power of stablecoins is real.
- By investing $1 billion in an iconic soccer club with a market capitalization of $925 million, Tether legitimizes itself in the financial and sports world. The CEO, Paolo Ardoino, a lifelong fan, aims to provide the club with "stable capital and a long horizon".
📌 The club's fan token JUV skyrocketed 30% with the news. This proves that the market sees these crypto-traditional corporate acquisitions as a massive value catalyst.
Tether's ambition to own Juventus teaches that smart cryptocurrency money is not just staying in technology, but is buying real-life infrastructure (sports, AI, robotics) to cement its position as a powerhouse.
Is FIAT money becoming obsolete in the face of the power of digital money?
#noticias
#juventus
{spot}(JUVUSDT)
⚽ The news that Tether (the company behind USDT, the largest stablecoin in the world)
is looking to acquire the entire Italian club Juventus FC is much more than just a simple sports agreement; it is a lesson about the future of large crypto corporations.
- The real lesson is that cryptocurrency companies with solid balances are evolving from being just token issuers to becoming massive investment holdings, seeking tangible traditional assets (like a soccer club) to diversify and validate their financial power.
- Tether reported net earnings exceeding $10 billion this year, mainly due to the performance of U.S. Treasury bonds backing USDT. Additionally, they have 116 tons of gold. This all-cash offer of $1.1 billion demonstrates that the financial power of stablecoins is real.
- By investing $1 billion in an iconic soccer club with a market capitalization of $925 million, Tether legitimizes itself in the financial and sports world. The CEO, Paolo Ardoino, a lifelong fan, aims to provide the club with "stable capital and a long horizon".
📌 The club's fan token JUV skyrocketed 30% with the news. This proves that the market sees these crypto-traditional corporate acquisitions as a massive value catalyst.
Tether's ambition to own Juventus teaches that smart cryptocurrency money is not just staying in technology, but is buying real-life infrastructure (sports, AI, robotics) to cement its position as a powerhouse.
Is FIAT money becoming obsolete in the face of the power of digital money?
#noticias
#juventus
{spot}(JUVUSDT)
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