🔥 Juventus details
🔥 The price of the Juventus Fan Token $JUV has risen today
📈 The reason for the movement $JUV is closely related to a major news:
Tether company has entered strongly into a deal with Juventus Football Club; this news was the reason for previous increases in the price of the JUV token when Tether announced its investment in the club and increased its stake.
🔥 The most prominent news today about Tether itself:
Tether (the issuer of the stablecoin USDT) has made an official offer to purchase Juventus Football Club entirely from Exor, owned by the Agnelli family, with an all-cash offer exceeding 1.1 billion euros (~1.3 billion dollars) — with a promise to invest an additional billion euros in the development of the club if the deal goes through.
🔥 This proposal has significantly increased in the market because investors see that such a move could bring more attention and adoption to the currency and the connection between crypto and sports.
🔴 But there is an important point:
Exor company — the main owner $JUV — has officially stated that the club is not for sale and that it does not intend to relinquish its major stake. This is a strong reaction that could change the course of the deal or lead to renegotiation.
