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Tether bought 10.7% of Juventus football club's shares, becoming the second largest shareholder.
According to Bloomberg, Tether has become the second-largest shareholder of the football club Juventus ( Italy ) after acquiring 10.7% of the shares, worth approximately 128 million euros. Tether is looking to secure a seat on the board and has expressed a desire to participate in future fundraising rounds. Previously, Juventus stated that it is considering a fundraising plan of up to 100 million euros.
The CEO of Tether is an Italian, and the headquarters of Juventus.