Tether Expands Ownership in Juventus, Now Holding Over 10%

Tether Expands Stake in Juventus, Now Holding Over 10% of Club’s Shares

Tether, the issuer of the largest global stablecoin, has increased its stake in the Juventus Football Club to over 10%, strengthening its position as a key shareholder in the iconic Italian team.

This latest investment, made earlier this month, boosts Tether Investments S.A. de C.V. (the firm’s investment arm) to 6.18% of the voting rights, cementing the company’s influential role in Juventus’s future financial and governance decisions. The move signals a deeper involvement in the club’s growth, both on and off the field.

Founded in 1897, Juventus is one of Europe’s most successful football clubs, with a rich history and 36 league titles. Tether initially acquired an 8.2% stake in the club in February, and this increased ownership reflects the firm’s growing confidence in the club’s future potential.

Tether’s CEO, Paolo Ardoino, framed the investment as a long-term strategic partnership rather than a mere financial play. “Juventus is uniquely positioned to leverage technology and innovation to transform fan engagement and enhance its financial strength,” Ardoino commented. “We’re eager to contribute to this exciting evolution.”

Additionally, Tether has indicated its readiness to participate in future capital injections aimed at securing Juventus’s financial stability and protecting its ownership position from dilution.

The company, which reported a record $13 billion profit last year, has been diversifying its investment portfolio, which now spans sectors like artificial intelligence, bitcoin mining, and agriculture.

Juventus’s stock has climbed by over 2.7%, with shares reaching 3.2 euros ($3.65) at the time of publication.