Tether invested in Juventus, Italy’s most successful football club, in February 2025, acquiring an 8.2% stake. The stablecoin giant now holds over 11% of total Juventus shares and 7% of voting rights. Since Tether’s initial investment, the club’s stock has fallen by over 30%. Tether pushed for full ownership of the club, but majority shareholder Exor unanimously refused to sell. In return for its substantial stake, Tether secured the appointment of Francesco Garino, whom he described as “Tether’s trusted man,” to the board of directors.
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