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Tether is considering a full acquisition of the Serie A giant Juventus, with a planned investment of $1 billion.

2025.12.13 09:41:14

Tether, the world’s largest stablecoin issuer, is seeking full control of Italian soccer club Juventus, aiming to boost its existing minority stake to 100%, CoinDesk reported on December 13. The firm announced Friday it has submitted a binding all-cash offer to Exor—Juventus’ majority shareholder—to purchase the holding company’s 65.4% stake. Should the deal close, Tether plans to launch a mandatory tender offer for the remaining shares at the same price. Juventus FC SpA, the club’s publicly traded parent company, has a market cap of roughly $925 million based on Friday’s closing price. If the acquisition goes through, Tether said it is “prepared” to invest $1 billion into the club. “Our interest in Juventus comes from deep admiration and respect,” Paolo Ardoino, Tether’s CEO and a lifelong Juventus fan, said in a statement. “Tether has a strong financial position and plans to support the club’s growth with stable capital and a long-term vision.” Tether currently holds more than 10% of Juventus’ shares and has previously signaled its desire to take a more active role in the Turin-based club. Following the announcement, Juventus’ fan token JUV surged 30%.
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