Coin Market Solution logo Coin Market Solution logo
BitcoinSistemi 2025-05-30 15:02:08

French Football Giant PSG Signed a First! Announced Its Big Bitcoin (BTC) Move!

A first-of-its-kind move came as Bitcoin (BTC) accumulation continued under the leadership of institutional bull MicroStrategy. Accordingly, French football club Paris Saint-Germain (PSG) added Bitcoin to its balance sheet. With this move, PSG became the first sports club to invest in Bitcoin. Speaking at the Bitcoin 2025 Conference in Las Vegas, PSG Labs President Par Helgosson said that his club started buying Bitcoin last year and still holds these BTCs. “We bought Bitcoin with our cash reserves. We still hold our Bitcoins. And as one of the biggest clubs in the world, we are the biggest player in the sports ecosystem buying Bitcoin.” This is not PSG’s first foray into crypto. One of the club’s first blockchain activities was launching a fan token and running a validator node on the Chiliz blockchain. PSG also became the first major football club to launch a fan token on Socios.com. PSG also has multi-year agreements with Crypto.com and Bitpanda as exchange partners. PSG are also the most decorated club in France, having won 54 official trophies, 13 Ligue 1 titles and the UEFA Cup. *This is not investment advice. Continue Reading: French Football Giant PSG Signed a First! Announced Its Big Bitcoin (BTC) Move!

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.