Tether intends to acquire Juventus! Plans to invest $1 billion! Stablecoin giant Tether has officially submitted a full cash acquisition proposal, targeting a 65.4% stake in Juventus held by Exor. If successful, it will initiate a public offer for the remaining shares to achieve 100% control. Tether CEO Paolo Ardoino (a lifelong Juventus fan) stated: "We have deep respect for Juventus and will support the club's development with solid capital and a long-term vision." If the deal goes through, Tether is prepared to inject $1 billion into the club. In the first three quarters of this year, Tether's net profit exceeded $10 billion, with a market capitalization of USDT at $186 billion, solidifying its dominant position globally. The company already holds over 10% of Juventus shares, and this move marks its further layout in the sports field. The fan token JUV surged 30% upon hearing the news!
