Tether Increases Its Stake in Juventus Football Club to Over 10%

This latest move gives Tether Investments S.A. de C.V., the firm's investment arm, 6.18% of voting rights.

Tether, the firm that issues the world’s largest stablecoin, has further increased its stake in Juventus Football Club, pushing its holding above 10%.

Tether Investments S.A. de C.V., the firm’s investment arm, now has 6.18% of voting rights in the Italian football giant, according to a regulatory filing on Monday.

This latest move by Tether gives it significant shareholder status and could lead to deeper involvement in the governance and financial future of one of Europe’s most storied sports institutions.

Juventus, founded in 1897 and with 36 league titles to its name, is a major club in Italian and European football.

Tether originally acquired an 8.2% stake in the club back in February.

“This additional investment in Juventus is a testament to our belief in the club’s enduring legacy, exceptional management team, and vast potential for future growth,” said Tether CEO Paolo Ardoino.

“We believe Juventus is uniquely positioned to lead both on the field and in embracing technology that can elevate fan engagement, digital experiences, and financial resilience. We’re excited about the opportunities ahead.”

The company also expressed willingness to join future capital infusions to “help strengthen Juventus’s financial foundation and avoid dilution of its position.

The stablecoin giant, which reported $13 billion in profit last year, has been investing in a number of sectors. These include artificial intelligence, bitcoin mining, and agriculture.

Shares of Juventus were up more than 2.7% to 3.2 euros ($3.65)