Tether has become the second largest shareholder of Juventus Football Club and hopes to obtain a seat on the board of directors
On June 25th, according to Bloomberg, no major European football club has listed cryptocurrency companies as one of its major shareholders until 2025. Tether first disclosed its stake in Juventus club in February this year, and by April, its shareholding had accumulated to 10.7%. According to Bloomberg's data as of Monday's close, the current market value of this portion of shares is approximately 128 million euros (approximately 149 million US dollars). Tether is currently the second largest shareholder after Exor NV, the largest shareholder of Juventus. Exor is an investment company of the Italian billionaire Agnelli family, which has been in charge of this football club for over a century. According to a statement from Tether, Tether is also seeking a seat on Juventus' board of directors.