Tether announced plans to acquire Juventus FC.

Tether has announced its goal to acquire the famous Italian football club Juventus FC. The company proposed to purchase the 65.4% stake held by Exor with a fully cash offer. Additionally, they plan to make a public offer for the remaining shares.

This year, Tether reported a net profit exceeding 10 billion dollars, and it is positioned as a leading digital asset in the market with its stablecoin USDT. The market value of USDT has reached 186 billion dollars.