Reckless! Tether spends 1 billion euros to fulfill childhood dreams--acquiring Juventus.
On December 12, 2025, Tether submitted a binding all-cash offer to Exor to acquire all shares (65.4%) of Juventus Football Club that it holds. The company plans to publicly acquire the remaining shares at the same price after approval, with all funds self-raised, and promises long-term support for the club's development. Tether's CEO stated that this move stems from a recognition of Juventus' values, and if the transaction is completed, 1 billion euros will be invested to support the club's future development. The transaction still requires acceptance by Exor and relevant regulatory approval.