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

Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF

June 1, 2025

XRP Set For Price Relief, But Only If Bulls Defend Key $2.13 Price Level

May 31, 2025

M2 Money Supply Predicts When Bitcoin Price Will Hit All Time High

May 31, 2025

The Altcoins That Crypto Developers Have Focused On Most in the Last 30 Days Have Been Revealed – Here’s the List

May 31, 2025

Pepe Makes It to Trump’s Feed—Is a Crypto Endorsement Next?

May 31, 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

    XRP Set For Price Relief, But Only If Bulls Defend Key $2.13 Price Level

    May 31, 2025

    Pepe Makes It to Trump’s Feed—Is a Crypto Endorsement Next?

    May 31, 2025

    XRP Multi-Timeframe Breakdown: Here’s What Comes Next

    May 31, 2025

    $200M Crypto Scam: OFAC Sanctions Funnull as Experts Find Ties to Huione Pay, Triad Nexus

    May 31, 2025

    Can Dogecoin Price Still Rally 1,000%? Analyst Reveals End-of-Year Prediction

    May 31, 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

Ethereum prepares for the next bull run, is Wall Street Ponke the 100x engine behind it?

May 31, 2025

Ethena Brings Crypto Savings to Telegram via TON Wallets

May 31, 2025

Venus Protocol Integrates with Arculus to Secure DeFi Access

May 31, 2025

Shiba Inu price crashes as whales sell, burn rate slows

May 31, 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

Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF

June 1, 2025

XRP Set For Price Relief, But Only If Bulls Defend Key $2.13 Price Level

May 31, 2025

M2 Money Supply Predicts When Bitcoin Price Will Hit All Time High

May 31, 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

Pepe Makes It to Trump’s Feed—Is a Crypto Endorsement Next?

May 31, 2025

XRP Multi-Timeframe Breakdown: Here’s What Comes Next

May 31, 2025

$200M Crypto Scam: OFAC Sanctions Funnull as Experts Find Ties to Huione Pay, Triad Nexus

May 31, 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.