Tether's proposal to acquire a controlling stake in Juventus has been rejected.
The USDT issuer submitted an all-cash offer for the Italian football club.
This news has caused the price of $JUV to increase significantly. š
Tether aimed to purchase the 65.4% controlling stake held by Exor, the Agnelli family's holding company.
However, sources indicate the Agnelli family has reiterated that "Juventus is not for sale." This position was previously communicated by Exor CEO John Elkann.
This situation underscores the substantial financial power and strategic ambitions of major crypto companies in the global sports and media sectors.
$LUNA , $USUAL .
