Tether boosts Juventus stake to 10% in latest strategic buy

Tether raised its stake in Juventus to over 10% as part of its broader push into sports, media and crypto investments.

Tether Investments — the investment arm of leading stablecoin issuer Tether — acquired additional shares in Juventus Football Club.

According to an April 24 announcement, with its latest investment, Tether brought its total participation in Juventus to over 10.12% of the issued share capital, representing 6.18% of the voting rights. The investment follows the firm’s initial acquisition of 8.2% of the issued shares.

Tether CEO Paolo Ardoino said that the investment is not only a short-term financial maneuver but “a commitment to innovation and long-term collaboration.” He added:

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