Tether’s $1.1 Billion Cash Offer for Juventus Rebuffed as Stablecoin Giant Signals Further €1 Billion Investment Plan

Tether submitted a binding $1.1 billion all-cash proposal to acquire Exor's 65.4% stake in Juventus Football Club, but the holding company turned it down and reiterated the club is not for sale. Juventus, valued at about €944 million, saw its share price climb 2.3% following the bid, while Tether indicated it could still invest up to €1 billion to develop the team if a deal is ever reached.