Tether just did the unthinkable: offered cold, hard crypto cash to buy Exorâs chunk of Juventus Football Club. Because why not? Letâs face it, if youâre going to buy a football club, might as well make it one with a name that sounds like a pizza recipe. đâ˝
- Tether wants Exorâs 65.4% stake in Juventus, paying entirely from its âvaults of infinite crypto magic.â (Translation: They printed money⌠legally, probably.)
- Plans to publicly tender the rest of the shares at the same price. Because who doesnât love a good âall-you-can-buyâ deal?
- Pledged âŹ1B to âsupport growth and sporting development.â Translation: More stadium lights, fewer tax scandals.
The bid? A straight-up grab for Exorâs slice, followed by a public offer to scoop up the leftovers. All paid for with Tetherâs balance sheet-no loans, no begging, no crying. Just cold, algorithmic cash. đ¸
CEO Paolo Ardoino called it âdeeply personal,â adding: âJuventus has always been part of my life. I grew up watching them⌠learn commitment, resilience, and responsibility.â Spoiler: He probably still doesnât know how to juggle three balls, but hey, heâs buying a football club now. đŚ
Tether Pledges âŹ1 Billion to Fix the Clubâs Problems (Probably)
If this goes through, Tether will drop âŹ1B on the club like itâs confetti at a crypto conference. Ardoino insists itâs about âvalues,â not money. Sure, Paolo. And weâre sure Juventusâ âvaluesâ include never losing to AC Milan again. đ¤
Tether Submits Proposal to Acquire Juventus Football Club đŚ
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– Tether (@Tether_to) December 12, 2025
âJuventus is a symbol of Italian excellence,â Ardoino claimed. âBuilt over generations through hard work, ambition, and loyalty.â Meanwhile, Tether built itself on⌠well, letâs not dwell. The point is, theyâre both âlong term resilient.â Probably. đ¤ˇâď¸
But first: hurdles! Exorâs approval, regulatory clearance, and probably a very serious meeting with the Italian mafia. Once Tether secures the stake, theyâll offer the remaining shares at the same price. Because why let the little people pay more? đ¤
Ardoino added, âThis proposal is made with humility and responsibility.â Translation: Weâre rich and slightly terrified of the internetâs reaction. But hey, âJuventusâ story is still being written,â he said. Letâs hope the next chapter isnât a cryptofunded disaster. đĽ
Juventus Bid: Tetherâs Latest âDiversificationâ Masterstroke
This move caps a year of Tether âdiversifyingâ into things like commodity trade finance (oil, cotton, wheat-because nothing says âstabilityâ like betting on crop yields). Also launched QVAC Health (wearable data management-because your heart rate needs a blockchain), and partnered with HoneyCoin to spread crypto in Africa. Meanwhile, theyâre buying back shares and filing for an El Salvador fund license. Because why not? đ
And letâs not forget: Tetherâs 2025 Q1-Q3 net profits? Over $10B. Their reserves? $12.9B in gold, $9.9B in Bitcoin. USDT circulation? $174B by September. So yeah, buying a football club is just another Tuesday. đ
Total assets? Nearing $200B. Which means Tether can now afford to buy Juventus⌠and maybe a small country. Just donât expect them to fix the teamâs defense. Thatâs what âlong-term resilienceâ is for. đ
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2025-12-13 19:04