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Cryptocurrency firm Tether raises Juventus stake to over 10%


Cryptocurrency firm Tether said on Thursday it had further raised its stake in Italian Serie A soccer club Juventus to over 10%.

The world’s fourth-largest cryptocurrency company first invested in February in Italy‘s most popular soccer club, which is controlled by the Agnelli family through their investment company Exor.

The new shareholding represents 6.18% of voting rights in the club, the statement said.

“The investment reflects Tether’s long-term commitment to Juventus’ future and its confidence in the club’s intrinsic value and growth…



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