Tether Makes Major Move: Files All-Cash Bid for Juventus Stake
Tether has officially submitted a binding all-cash acquisition proposal to Exor for the complete ownership stake in Juventus Football Club. The move signals the stablecoin issuer's expansion beyond crypto markets into traditional asset ownership. As a key player in the Web3 ecosystem—with USDT dominating the stablecoin space—Tether's strategic diversification into sports investments reflects growing institutional confidence in the sector. The all-cash offer suggests serious intent to complete the transaction. Industry observers are watching closely to see how this deal shapes Tether's corporate portfolio and whether it influences broader crypto adoption narratives.
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MissingSats
· 12-15 23:17
Hey, isn't Tether starting to get into football now? Is this to transfer the USDT printing machine money to Juventus? Haha, that's a bit outrageous.
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MetaMaskVictim
· 12-15 15:53
Wow, Tether is now getting into football clubs? Are they planning to buy Juventus with USDT? Haha
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NotAFinancialAdvice
· 12-15 02:03
Oh my, Tether is now buying football clubs too? Is this still the stablecoin we know? Haha
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ProveMyZK
· 12-14 15:53
Bro, Tether is now directly spending money to buy football teams? Crypto is really moving into the mainstream now.
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fren.eth
· 12-12 23:52
Wow, Tether is starting to play football now? Are they planning to buy Juventus with USDT?
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SatoshiHeir
· 12-12 23:49
It should be pointed out that Tether using USDT cash to buy Juventus... is obviously backing the stablecoin's credibility with traditional assets. But isn't this logic a bit flipped?
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OnChainArchaeologist
· 12-12 23:46
Huh? Tether is going to play football too? Are they planning to use stablecoins to fund a team?
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GasGasGasBro
· 12-12 23:39
Wow, Tether is about to directly buy Juventus? This deal is crazy—using USDT to cash out to a football club...
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unrekt.eth
· 12-12 23:38
Wow, Tether is directly spending cash to buy Juventus? It seems like stablecoins are about to dominate the football world.
Tether Makes Major Move: Files All-Cash Bid for Juventus Stake
Tether has officially submitted a binding all-cash acquisition proposal to Exor for the complete ownership stake in Juventus Football Club. The move signals the stablecoin issuer's expansion beyond crypto markets into traditional asset ownership. As a key player in the Web3 ecosystem—with USDT dominating the stablecoin space—Tether's strategic diversification into sports investments reflects growing institutional confidence in the sector. The all-cash offer suggests serious intent to complete the transaction. Industry observers are watching closely to see how this deal shapes Tether's corporate portfolio and whether it influences broader crypto adoption narratives.