One of many greatest sports activities manufacturers on the earth is betting huge on Bitcoin (BTC).
Talking on the Bitcoin 2025 Convention in Las Vegas, the pinnacle of Paris Saint-Germain (PSG) Labs, Pär Helgosson, claims that the Champions League final-bound French footballing big is at present holding BTC.
“Once I say PSG is the membership of the brand new era, I imply we’re about what’s subsequent. Similar to Bitcoin…
Final 12 months, we put Bitcoin in our books.
We took our fiat reserves and we allotted Bitcoin. We nonetheless have it in our books.
As one of many largest golf equipment on the earth, we’re the most important participant within the sports activities ecosystem to do this.”
In response to some reviews, the membership holds 120 BTC, price $12.5 million at time of writing.
The PSG Labs head dropped the BTC bomb on the eve of PSG’s go to to the Champions League closing in opposition to Italian juggernauts Inter Milan in Munich, Germany. The 2024 Champions League closing had over 400 million viewers worldwide. The Tremendous Bowl of the identical 12 months had roughly 124 million viewers.
The PSG Fan Token (PSG) briefly leaped from $2.41 to $2.74 following the information, a 13.7% improve. PSG is price $2.43 at time of writing, down 6% within the final 24 hours.
BTC is at present buying and selling for $104,312, down 2.4% over the identical interval.
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