Paris Saint-Germain adopts Bitcoin reserves

robot
Abstract generation in progress

## Holdings since last year

The head of PSG Lab, Pal Helgason, from the strong French football club Paris Saint-Germain FC (PSG), revealed on the 30th that the club began purchasing Bitcoin last year and continues to hold it, announcing the adoption of a Bitcoin (BTC) financial strategy at the Bitcoin 2025 conference to be held in Las Vegas. The club is gearing up for the Champions League final this weekend.

PSG’s investment in Bitcoin is seen as part of its appeal to younger fans. According to Mr. Helgason, about 80% of the 550 million fans worldwide are under the age of 34. He explained, “PSG is not just a soccer club, but also a lifestyle brand.”

“We allocate the fiat currency reserves to BTC and record it in the books,” said Mr. Helgason on the conference stage. He emphasized that they are the largest player adopting such a strategy in the sports ecosystem as one of the largest clubs in the world.

On the other hand, the number of BTC Holdings is not clear at this point.

Bitcoin (BTC) news and price

BTC Icon

BTC Exchange Comparison | Fees, Spreads, Accumulation, Lending Coins

a.t3-set { text-decoration: none !important; }

BTC1,24%
PSG1,64%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)