Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Bitcoin Rise To $111,000 ATH Doesn’t Mean The Market Is Bullish, Certified Expert Says

June 2, 2025

Crypto broker FalconX aquires majority stake in Monarq Asset Management

June 2, 2025
How to Use Index Funds and ETFs for Passive Crypto Income

How to Use Index Funds and ETFs for Passive Crypto Income

June 2, 2025

SEC pushes back on Ethereum and Solana ETF plans by REX-Osprey

June 2, 2025

RedotPay taps Circle for crypto-to-fiat transfers, launches in Brazil

June 2, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    Bitcoin Rise To $111,000 ATH Doesn’t Mean The Market Is Bullish, Certified Expert Says

    June 2, 2025

    USDT0 Introduces XAUt0, Modernizing Access to Gold with True Digital Ownership

    June 2, 2025

    South Korea Crypto Adoption To Drive Best Wallet to 10x?

    June 2, 2025

    Important Shiba Inu Indicator Drops to a 3-Month Low: How Will SHIB’s Price React?

    June 2, 2025

    Shiba Inu Crash To Calm – Is SHIB Forming A Base Below?

    June 2, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » DeFi » Champions League finalist Paris Saint-Germain announces Bitcoin treasury
DeFi

Champions League finalist Paris Saint-Germain announces Bitcoin treasury

Crypto Observer StaffBy Crypto Observer StaffMay 30, 2025No Comments2 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

Paris Saint-Germain, one of Europe’s top football clubs, has officially revealed that it holds Bitcoin on its balance sheet — marking a first for the global sports industry. 

The announcement was made during the Bitcoin 2025 conference in Las Vegas, where Par Helgosson, head of the club’s innovation hub PSG Labs, confirmed that a portion of the club’s fiat reserves was converted into Bitcoin (BTC) in 2024 and continues to be held.

The move positions PSG as the first professional sports franchise to publicly adopt Bitcoin as a treasury asset rather than merely a marketing tool. 

Most clubs with crypto exposure have leaned on fan tokens, NFT collectibles, or sponsorship deals. PSG is now taking a different route by backing the digital asset directly.

‘Investing in the ecosystem’

“We took our fiat reserves and allocated Bitcoin. It’s still on our books,” Helgosson said during the announcement. “We’re not just sponsoring crypto—we’re investing in the ecosystem.”

Helgosson emphasized that the strategy aligns with the club’s global fanbase, 80% of which are under the age of 34—an age group that’s already immersed in digital culture and decentralized finance. 

The market responded quickly. PSG’s Fan Token, launched in 2018 via Socios, surged to $2.75 on the news before stabilizing to $2.42. 

The club also maintains a validator on the Chiliz blockchain, with all staking rewards pledged toward token buybacks, further aligning PSG’s blockchain presence with long-term community incentives.

PSG’s treasury strategy comes at a time when Bitcoin has recently hit an all-time high of $111,800 before pulling back slightly. 

Major institutions like GameStop have also revealed BTC purchases, fueling interest in Bitcoin as a store of value.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEC pushes back on Ethereum and Solana ETF plans by REX-Osprey

June 2, 2025

Will a crypto bull run include Ethereum? Market auction pattern points to $3,340 breakout

June 2, 2025

Injective Launches Onchain Forex Markets for EUR & GBP

June 2, 2025

SharpLink Gaming aims to raise $1b from share sale to boost Ethereum Treasury

June 2, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Bitcoin Rise To $111,000 ATH Doesn’t Mean The Market Is Bullish, Certified Expert Says

June 2, 2025

Crypto broker FalconX aquires majority stake in Monarq Asset Management

June 2, 2025
How to Use Index Funds and ETFs for Passive Crypto Income

How to Use Index Funds and ETFs for Passive Crypto Income

June 2, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

USDT0 Introduces XAUt0, Modernizing Access to Gold with True Digital Ownership

June 2, 2025

South Korea Crypto Adoption To Drive Best Wallet to 10x?

June 2, 2025

Important Shiba Inu Indicator Drops to a 3-Month Low: How Will SHIB’s Price React?

June 2, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.