According to ChainCatcher, citing Bloomberg, before 2025, no major European football club had ever listed a cryptocurrency company as one of its principal shareholders. Tether first disclosed its stake in Juventus in February this year, and by April, its shareholding had accumulated to 10.7%. Based on Bloomberg’s closing data as of this Monday, this stake is currently valued at approximately 128 million euros (about 149 million US dollars).
Tether is now the second-largest shareholder in Juventus, behind only Exor NV, the club’s largest shareholder. Exor is the investment company of Italy’s billionaire Agnelli family, which has controlled the football club for over a century. According to a statement from Tether, the company is also seeking a seat on Juventus’s board of directors.