The post Tether Makes All-Cash Move for Juventus in Landmark Sports Bet appeared on BitcoinEthereumNews.com.

Tether submits a binding all-cash bid for Juventus, pledges major investment, while Exor rejects selling and control remains unchanged. Tether has submitted a binding all-cash proposal to acquire Juventus Football Club, signaling an ambitious move beyond digital finance. The offer is for Exor’s entire 65.4 per cent stake in the club. Moreover, the proposal reveals an increase in crossroads between cryptocurrency capital and global sports institutions. However, there was rapid resistance from existing owners. Tether Targets Juventus With €1 Billion Development Vision According to Tether, in this proposal, the acquisition of Exor’s shareholding is to be funded entirely from internal capital. The company confirmed the transaction depends on regulatory approvals and definitive agreements. In addition, Tether plans to invest as much as 1 billion euros after completion. This funding would assist in sporting performance, infrastructure and sustainable long term growth. Bloomberg reported that the Agnelli family has rejected the approach. Exor NV said it had no plans to sell its controlling stake. Furthermore, the holding company mentioned it will not dilute ownership to Tether, or any other bidders. As a result, currently, the proposal does not have the consent of shareholders. Related Reading: Tether Weighs Tokenized Equity for Investor Liquidity | Live Bitcoin News Despite rejection, Tether stressed the belief in the cultural institution of Juventus. The club was seen by the company as a symbol of Italian discipline and ambition. Historically, the team has formed the national sporting identity for generations of Italians, namely, for the club years of history, namely, Juventus. Its worldwide fanbase helps to reinforce its lasting commercial and cultural value. Paolo Ardoino, the chief executive of Tether, cited personal reasons for the bid. He said that it was the influence of Juventus on his understandings of resilience and responsibility. According to Ardoino, those lessons went…

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Filed under: News - @ December 13, 2025 11:26 am