Rich Dads News
  • World
  • US Politics
  • Travel
  • Sports
  • Entertainment
No Result
View All Result
Rich Dads News
  • World
  • US Politics
  • Travel
  • Sports
  • Entertainment
No Result
View All Result
Rich Dads News
No Result
View All Result

Paris Saint-Germain adds Bitcoin to balance sheet amid crypto boom in European football

May 30, 2025
in Travel
Paris Saint-Germain adds Bitcoin to balance sheet amid crypto boom in European football

Paris Saint-Germain (PSG), one of the most valuable football clubs in the world, has officially confirmed that it holds Bitcoin on its balance sheet.

The announcement, made during the Bitcoin 2025 conference in Las Vegas, marks the first time a global sports team has publicly declared a strategic Bitcoin treasury allocation.

Bitcoin Magazine

@BitcoinMagazine

路Follow

JUST IN: European soccer giant Paris Saint Germain announces they adopted a #Bitcoin treasury reserve 馃嚝馃嚪

Watch on Twitter

View replies

12:05 AM 路 May 30, 2025

7.9K

Reply

Read 237 replies

PSG, with a fanbase exceeding 550 million, is now part of a growing group of corporations adding cryptocurrency to their financial reserves in response to shifting global trends and digital asset policy developments.

Bitcoin allocation began in 2024 as part of treasury diversification

According to P盲r Helgosson, head of PSG Labs, the French football giant began acquiring Bitcoin last year using part of its fiat reserves.

While the exact amount of Bitcoin held by PSG has not been disclosed, the allocation remains on the club鈥檚 books heading into the UEFA Champions League final next week in Munich.

The move aligns with broader demographic trends, as the club reports that 80% of its fanbase is under the age of 34鈥攁 group widely associated with higher rates of crypto adoption.

The Bitcoin initiative is also part of PSG鈥檚 push to position itself at the forefront of digital innovation. The club鈥檚 involvement in NFTs and fan tokens through its partnership with Socios.com had already laid the groundwork for its crypto strategy.

The new Bitcoin holding adds a layer of long-term financial diversification as the club seeks new ways to hedge currency risk and tap into digital-native communities.

Football leads crypto sponsorships with 64% annual growth

PSG鈥檚 move comes at a time when football is experiencing a surge in crypto and digital asset partnerships. According to SportQuake鈥檚 latest industry data, football accounts for 43% of all crypto sponsorships across sports for the 2024/25 season.

This represents a 64% year-on-year rise in total crypto-related sponsorships, driven largely by European leagues.

Notably, 44% of all crypto football sponsorship deals are concentrated within Europe鈥檚 top five leagues, including Ligue 1, where PSG currently reigns as champions.

Brands continue to prioritise global reach and international audiences, with non-US crypto spend playing a major role amid uncertainty around regulatory direction in the US under President Trump鈥檚 administration.

Matt House, CEO of SportQuake, noted that this international expansion in crypto sponsorships is being fuelled by delays in US crypto clarity, as companies shift their focus to European markets for faster adoption opportunities.

This is particularly evident in the concentration of activity across UEFA leagues.

Global corporates accelerate Bitcoin adoption amid ETF boom

PSG鈥檚 strategy is part of a broader corporate trend toward Bitcoin adoption, accelerated by regulatory developments and the approval of spot Bitcoin ETFs in multiple markets.

The shift from viewing Bitcoin as a speculative asset to a corporate treasury strategy is gaining traction, especially after President Trump鈥檚 directive encouraging US federal institutions to explore Bitcoin reserves.

Dom Harz, co-founder of Build on Bitcoin (BOB), attributes much of the momentum to ETFs and the emerging perception of Bitcoin as a stable digital asset with passive yield potential.

He also pointed to the growing appetite among companies to diversify beyond traditional markets, citing digital assets as a hedge against macroeconomic uncertainty and inflation risk.

In the case of sports franchises like PSG, the visibility of such moves may influence others to follow suit鈥攅specially in regions where crypto regulation is clearer and adoption is higher.

While American sports leagues have been slower to engage with crypto on a treasury level, European clubs are increasingly leveraging their global branding power to lead on financial innovation.

The post Paris Saint-Germain adds Bitcoin to balance sheet amid crypto boom in European football appeared first on Invezz

Related Posts

Nvidia stock: why Broadcom鈥檚 blockbuster earnings could be the catalyst NVDA needs
Travel

Nvidia stock: why Broadcom鈥檚 blockbuster earnings could be the catalyst NVDA needs

Nvidia stock (NASDAQ: NVDA) has been bouncing around lately as investors try to figure out what’s next for the AI...

September 7, 2025
Morning brief: Trump鈥檚 Fed shortlist, US-EU tech tensions, Wall Street鈥檚 volatile week
Travel

Morning brief: Trump鈥檚 Fed shortlist, US-EU tech tensions, Wall Street鈥檚 volatile week

A turbulent night across Washington, Brussels and Wall Street offered a snapshot of the political and economic crosscurrents shaping global...

September 6, 2025
S&P 500 futures hit record high ahead of August jobs data: 5 things to know before Wall Street opens
Travel

S&P 500 futures hit record high ahead of August jobs data: 5 things to know before Wall Street opens

US stock futures ticked up Friday morning, with the Nasdaq leading on a 0.4% gain and the S&P 500 futures...

September 5, 2025
Ciena stock soars 22% on Thursday: what鈥檚 driving CIEN鈥檚 bullish momentum
Travel

Ciena stock soars 22% on Thursday: what鈥檚 driving CIEN鈥檚 bullish momentum

Ciena stock jumped 22% on Thursday in what turned out to be one of its biggest one-day moves of the...

September 4, 2025
Next Post
Asian markets close: Nikkei dips 1.22%, Hang Seng -1.2%; Sensex ends 182 pts lower at 81,450

Asian markets close: Nikkei dips 1.22%, Hang Seng -1.2%; Sensex ends 182 pts lower at 81,450

Uber stock price analysis: buy the Tesla robotaxi fear dip?

Uber stock price analysis: buy the Tesla robotaxi fear dip?

    Enter Your Information Below To Receive Latest News And Articles

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    HYPE token lists on Binance Futures with up to 75x leverage, but market reaction muted

    HYPE token lists on Binance Futures with up to 75x leverage, but market reaction muted

    May 30, 2025

    The Importance of Bankroll Management in Shade Dragons Fishing

    September 4, 2025
    Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more

    Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more

    August 9, 2025

    Mejores Casinos Online en Chile 2024

    July 8, 2025

    Categories

    • 1x-bet.downloa
    • 1xbet1
    • 1xbet2
    • 1xbet3
    • 1xbet32
    • a16z generative ai 1
    • Ai News
    • Bookkeeping
    • Entertainment
    • Fairspin-casino
    • FinTech
    • Latest News
    • rolos.cl
    • Sober living
    • Sports
    • Travel
    • uncategorized
    • US Politics
    • World
    • 肖懈薪褌械褏
    Latest News

    penalty shoot out sin descargar apps con emoci贸n del mundial en tu pantalla

    September 8, 2025
    0

    Auto-generated excerpt

    Read more

    **From Casual to Serious Player: Tips for Mastering Ali Baba Games

    September 7, 2025

    Mastering online sportsbook betting strategies, platforms, and responsible play

    September 7, 2025
    Nvidia stock: why Broadcom鈥檚 blockbuster earnings could be the catalyst NVDA needs

    Nvidia stock: why Broadcom鈥檚 blockbuster earnings could be the catalyst NVDA needs

    September 7, 2025
    Michigan vs Oklahoma score: John Mateer, Sooners knock off Wolverines

    Michigan vs Oklahoma score: John Mateer, Sooners knock off Wolverines

    September 7, 2025

    Disclaimer:聽RichDadsNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright 漏 2024 RichDadsNews. All Rights Reserved.

    No Result
    View All Result
    • World
    • US Politics
    • Travel
    • Sports
    • Entertainment
    No data found.