Tether Becomes Major Shareholder in Juventus Football Club

According to BlockBeats, Tether has emerged as a significant shareholder in Juventus Football Club, marking a notable development in the European sports industry. As of April, Tether's stake in the club reached 10.7%, with a market value of approximately 128 million euros (around 149 million dollars), based on Bloomberg's data at the close of trading this past Monday. Tether now ranks as the second-largest shareholder in Juventus, following Exor NV, the investment firm of Italy's Agnelli family, which has managed the club for over a century. In a statement, Tether expressed its intention to secure a seat on Juventus's board of directors.