Stablecoin heavyweight Tether just tabled an all-cash bid to grab full ownership of Italian football powerhouse Juventus. The move marks a notable foray into traditional sports by the crypto giant. However, there's a catch—the Agnelli family, who currently hold the controlling stake in the Turin club, aren't exactly rolling out the welcome mat. The ruling Italian family appears reluctant to hand over the keys, signaling this acquisition battle could get interesting. Whether this deal gains traction or hits a wall remains to be seen, but it's yet another sign of how major players in crypto are looking beyond blockchain to diversify their portfolios.
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GateUser-26d7f434
· 12-13 07:07
Tether wants to get Juventus? The veteran family won't let go that easily, this is interesting.
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TopBuyerBottomSeller
· 12-12 22:53
Tether's move is really brilliant, directly spending money to buy Juventus... However, the Agnelli family definitely won't give up so easily. How long will this take?
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BackrowObserver
· 12-12 22:53
Tether spends money to buy Juventus? Is this to launder USDT or to really enter the sports industry? The Agnelli family refuses to sell, I bet five dollars this money will ultimately go down the drain.
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PoetryOnChain
· 12-12 22:53
Tether is throwing money to buy Juventus? Bro, are you trying to turn the football field into an on-chain event? LOL
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Deconstructionist
· 12-12 22:48
Tether is throwing money to buy Juventus, this move is really incredible... The Agnelli family definitely won't give up so easily.
Stablecoin heavyweight Tether just tabled an all-cash bid to grab full ownership of Italian football powerhouse Juventus. The move marks a notable foray into traditional sports by the crypto giant. However, there's a catch—the Agnelli family, who currently hold the controlling stake in the Turin club, aren't exactly rolling out the welcome mat. The ruling Italian family appears reluctant to hand over the keys, signaling this acquisition battle could get interesting. Whether this deal gains traction or hits a wall remains to be seen, but it's yet another sign of how major players in crypto are looking beyond blockchain to diversify their portfolios.