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.