Paris Saint-Germain Confirms Bitcoin Holdings as Treasury Asset
- PSG is the first major sports club to hold Bitcoin as a treasury asset.
- The decision aligns with PSG’s strategy to engage its young fanbase, over 80% of whom are under 34 years old.
- PSG Labs aims to support and scale Bitcoin startups globally.
- Bitcoin is currently trading at $106,113, down 1.6% in the last 24 hours.
Paris Saint-Germain has publicly confirmed holding Bitcoin as part of its treasury, marking a strategic shift towards engaging its predominantly young fanbase and supporting global Bitcoin ventures through PSG Labs.
Source (2.6)https://decrypt.co/322976/paris-saint-germain-bitcoin-holdings-champions-league-final?rand=52368