Tether will contribute €28.8 million (approximately $32.16 million) to Juventus' proposed €250 million capital increase, according to La Gazzetta dello Sport. The stablecoin issuer holds roughly 11.5% of the Italian football club and will fund its proportional share of the raise initiated by major shareholder Exor.
At the November 3 shareholders' meeting, Tether abstained on all other ordinary proposals, including approval of financial statements reporting a €66 million loss, director appointments, and an executive incentive plan. In December 2025, Tether had proposed to the Agnelli family holding company to acquire all of Juventus' shares but was rejected.
Tether Commits €28.8M to Juventus Capital Increase as 11.5% Shareholder
Haftungsausschluss: Die auf Phemex News bereitgestellten Inhalte dienen nur zu Informationszwecken.Wir garantieren nicht die Qualität, Genauigkeit oder Vollständigkeit der Informationen aus Drittquellen.Die Inhalte auf dieser Seite stellen keine Finanz- oder Anlageberatung dar.Wir empfehlen dringend, eigene Recherchen durchzuführen und einen qualifizierten Finanzberater zu konsultieren, bevor Sie Anlageentscheidungen treffen.
