Tether, the issuer of the USDT stablecoin, has submitted a mandatory cash offer to Exor Holding to buy out its entire stake in Juventus Football Club. Subject toTether, the issuer of the USDT stablecoin, has submitted a mandatory cash offer to Exor Holding to buy out its entire stake in Juventus Football Club. Subject to

Tether Submitted a Mandatory Offer to Buy Out Juventus’ Controlling Stake

  • Tether wants to fully buy out Juventus.
  • The USDT issuer also plans to invest €1 billion in the club.
  • For Paolo Ardoino, this step is related to his childhood dream.

Tether, the issuer of the USDT stablecoin, has submitted a mandatory cash offer to Exor Holding to buy out its entire stake in Juventus Football Club.

Subject to regulatory approvals, Tether plans to announce a public offer for minority shareholders at the same price, fully funded by its own capital and declaring its long-term support for the club.

The offer involves the acquisition of 65.4% of Juventus’ share capital currently held by Exor. Completion of the transaction is subject to Exor’s acceptance of the offer, the signing of definitive documentation and the receipt of necessary regulatory approvals.

If the transaction is successfully closed, Tether has announced its readiness to invest €1 billion in the development and support of the club.

Tether CEO Paolo Ardoino emphasized his personal connection to the club and the motives behind the investment:

According to him, the company’s interest is based on “deep admiration and respect”, and the club itself is “a symbol of Italian excellence with a truly global presence”, whose values echo Tether’s approach to building a business — “patience, independence, and a focus on long-term resilience.”

Ardoino also highlighted the company’s financial commitment to supporting the club:

The company noted that it operates from a long-term investment philosophy, based on a strong balance sheet and a commitment to building “sustainable, globally relevant institutions,” and further updates on the deal will be published as required by law.

The announced initiative logically follows on from Tether’s previous moves at Juventus. In June 2025, Bloomberg reported that the company had invested about €128 million, bringing its stake to 10.7% and becoming the club’s second largest shareholder after Exor, despite tensions between the parties.

In October, the company announced its intention to nominate its own candidates to the board of directors and support the club’s capitalization, confirming its strategic interest in managing the asset.

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