Paris Saint-Germain Football Club has announced that it has added Bitcoin to its financial reserves

PANews reported on May 30 that according to The Block, Paris Saint-Germain Football Club (PSG) announced that it had included Bitcoin in its financial reserves. Pär Helgosson, head of PSG Labs, revealed at the Bitcoin 2025 conference in Las Vegas that the club has been buying and holding bitcoin since last year, becoming the first top football club to publicly hold bitcoin.

Helgosson said PSG converted some of its fiat reserves into Bitcoin and still holds these assets. As one of the largest football clubs in the world, PSG became the first institution in the sports world to publicly hold Bitcoin. The club also plans to invest in "Bitcoin Entrepreneurs" and "The Bitcoin Project" and use its global fan base of 550 million to help these projects expand their markets.

10.25K

The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.