• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

PSG Incorporates Bitcoin Reserve Amidst Champions League Run

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Key Takeaways:

  • PSG reveals Bitcoin treasury strategy at Las Vegas conference.
  • This confirms Bitcoin as a long-term asset.
  • PSG’s move can inspire other sports clubs.

psg-incorporates-bitcoin-reserve-amidst-champions-league-run
PSG Incorporates Bitcoin Reserve Amidst Champions League Run

Paris Saint-Germain (PSG) revealed on May 29, 2025, that it added Bitcoin to its treasury during the Bitcoin 2025 conference in Las Vegas.

PSG’s decision to adopt Bitcoin as a treasury asset reflects broader sports industry shifts towards digital currencies, influencing future club strategies.

Related articles

Spot Bitcoin ETFs Witness $616M Net Outflow on May 30

June 1, 2025

Sui Community Approves Release of Frozen Tokens

June 1, 2025

Pär Helgosson, leading PSG Labs and Web3, made the announcement, stating that PSG had been quietly acquiring Bitcoin since 2024 as a strategic financial approach. The club’s decision aligns with an innovation-focused ethos aiming to appeal to younger fans.

The impact extends to Bitcoin’s position as a store of value, strengthening its institutional role. PSG’s announcement, strategically timed before the Champions League final, enhances the visibility of both the club’s crypto strategy and Bitcoin itself.

PSG, with a fan base of 550 million, mainly under age 34, plans to support Bitcoin and Web3 startups via PSG Labs. Helgosson emphasized, “We’re setting a precedent in sports finance.”

“We put Bitcoin in our books. We took our fiat reserves and we actually allocated Bitcoin. We still have it… as one of the largest clubs in the world, we’re the largest player in the sports ecosystem to do that.” – Pär Helgosson, Head of PSG Labs and Web3, Paris Saint-Germain

PSG’s move might prompt other clubs to embrace Bitcoin, marking a potential shift in sports finance.

The adoption of digital assets by global brands could accelerate industry-wide acceptance and investment, affecting broader market dynamics.

The integration of Bitcoin by PSG could also pressure regulatory bodies to assess policies surrounding digital assets in sports. Collaborations with crypto enterprises and focus on Web3 innovations may redefine technological and financial landscapes within the industry.

Share76Tweet47

Related Posts

Spot Bitcoin ETFs Witness $616M Net Outflow on May 30

by shark
June 1, 2025
0

US-listed spot Bitcoin ETFs, including BlackRock’s, saw $616 million in net outflows, emphasizing volatility risks.

Sui Community Approves Release of Frozen Tokens

by shark
June 1, 2025
0

Sui community members vote to release $162 million in tokens frozen post Cetus hack in October 2023.

FTX Begins $5 Billion Creditors Repayment Process

by shark
June 1, 2025
0

FTX initiates $5 billion repayment, potentially boosting crypto liquidity via BitGo and Kraken.

Meta Shareholders Reject Bitcoin Treasury Proposal

by shark
June 1, 2025
0

Meta shareholders decisively vote against adopting Bitcoin as part of their treasury reserves.

REX Proposes ETH, SOL Staking ETFs Amid SEC Changes

by shark
June 1, 2025
0

REX Shares introduces innovative ETH and SOL staking ETFs using C-corp structure as SEC shifts stance.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Spot Bitcoin ETFs Witness $616M Net Outflow on May 30
  • Sui Community Approves Release of Frozen Tokens
  • FTX Begins $5 Billion Creditors Repayment Process
  • Meta Shareholders Reject Bitcoin Treasury Proposal
  • REX Proposes ETH, SOL Staking ETFs Amid SEC Changes
  • Ethereum’s Pectra Upgrade Enhances Protocol Capabilities
  • US Sanctions Philippines Tech Firm Over Crypto Scams
  • Lunar Digital Assets Launches LitVM for Litecoin’s Smart Contract Era
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7