Latest news with #TetherHoldings
Bloomberg
3 days ago
- Business
- Bloomberg
Juventus FC's Crypto Investor Has Turned Activist and Wants a Board Seat
On Valentine's Day, El Salvador-based crypto firm Tether announced it has become an investor in Juventus, one of Italy's most distinguished football clubs. Four months later, the relationship is not going well. Before 2025, no major European football club had ever counted a crypto company among its top shareholders. Tether Holdings SA first declared a stake in Juventus in February, by April accumulating a 10.7% holding that's now worth roughly €128 million ($149 million), according to data from Bloomberg News as of Monday's close.
Bloomberg
03-06-2025
- Business
- Bloomberg
Tether's Focus on Non-US Markets Highlights Stablecoin Hotspots
Suvashree Ghosh examines some reasons why it makes sense for Tether not to prioritize the US market. Tether Holdings SA Chief Executive Officer Paolo Ardoino said in an interview with Bloomberg TV last month that the firm's 'main interest' will remain outside the US.
