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Stablecoin issuer Tether has made a bid to acquire football club Juventus entirely. The cash offer targets the 65.4% majority stake owned by investment firm Exor, which has been a major shareholder in the Italian club for over a hundred years.
According to Tether, if the offer is accepted, it would be followed by a public bid for the remaining shares. Juventus is publicly traded with a market value of approximately €945 million. The stock closed more than two percent higher on Friday following the news.
However, the acquisition appears uncertain. News agency AFP reports that Exor has already rejected the bid. A source close to the company stated that Juventus is not for sale. Neither Tether nor Exor has yet publicly commented on this.
Why Tether is Making a Billion-Dollar Bid for Juventus #
Tether earns money from stablecoin activities and investments in government bonds, among other things. The company has also built other business units in recent years, including payments, mining, and investments. A bid for Juventus fits this broader strategy toward visibility outside crypto.
Tether Submits Proposal to Acquire Juventus Football Club 🦓
Read more: https://t.co/CDv8OosqFU
— Tether (@Tether_to) December 12, 2025
The move also shows how significant stablecoins have become. USDT plays a key role in daily trading on many exchanges. When its issuer explores major acquisitions, investors and regulators will pay extra attention. They want to know where money flows come from and how risks are managed.
What This Says About Stablecoins and Oversight #
A stablecoin is a cryptocurrency with a fixed peg, usually to the dollar. USDT is widely used to quickly switch between crypto and a digital dollar. Due to this broad usage, regulators are increasingly scrutinizing stablecoins, particularly focusing on reserves and financial reporting.
A step outside the financial sector further increases that attention. Market participants want to know how financially stable stablecoin issuers are. Banks and payment companies are also following these developments as stablecoins are used more frequently. This is renewing the discussion about rules and transparency.