Adnkronos (Adnkronos) – Tether is serious about football. The cryptocurrency giant, which officially entered Juventus last February, announced in a statement that it has exceeded 10% of the capital of the Bianconeri club. "We are proud to become a significant shareholder of Juventus, a club with a history, a brand and an unparalleled fan base," explained Tether CEO Paolo Ardoino.
"This investment is not just financial, it is a commitment to innovation and long-term collaboration. We believe Juventus is ideally positioned to lead both on the pitch and in the adoption of technology that elevates fan engagement, digital experiences and financial resilience. We are excited about the opportunities ahead."
Thether explained the move in a statement: "Tether Investments today announced that on April 15, 2025, it has acquired additional shares of Juventus Football Club SpA, bringing its overall ownership stake to over 10,12% of the issued share capital, representing 6,18% of the voting rights. This strategic move - it says - follows Tether's initial acquisition of 8,2% of the issued share capital (representing just over 5% of the voting rights) of the Club, allowing Tether to further increase its investment in the iconic Turin football club. The investment reflects Tether's long-term commitment to the future of Juventus and its belief in the intrinsic value and growth potential of the Club. It also marks the beginning of what is expected to be a deep and mutually beneficial partnership, aimed at creating synergies between the worlds of sports and technology. Indeed, Tether's leadership in the trillion-dollar digital asset space - combined with its billion-dollar investments in artificial intelligence, biotechnology, social media and global distribution networks – has the potential to bring unprecedented value to the football club, opening up new avenues of monetization and expanding its global reach across continents and billions of people."
Tether, Juve's second largest shareholder after Exor (the holding company of the Agnelli-Elkann family which currently owns 65,4% of the club's capital) also explained that it is "available to participate in any future recapitalizations, to help strengthen Juventus' financial solidity and avoid the dilution of its position".