Tether acquires 30% stake in Italian media company Be Water

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According to Bloomberg, stablecoin issuer Tether will spend approximately 10 million euros to acquire a 30% stake in Italian media company Be Water. Be Water's subsidiaries include podcast production companies Chora Media and Will Media, as well as film and television production and distribution company Be Water Film. This transaction is part of Tether's recent investment boom, as it has previously ventured into agriculture AI、 Brain computer interface and other fields. Tether's current USDT market value is approximately $144 billion, mainly supported by high liquidity assets such as US Treasury bonds.

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