Tether, the issuer of the world’s largest stableecoin, has raised his share in Juventus Football Club to over 10% after expanding his share in the Italian giant earlier this month.

This latest step provides Tether Investments SA De CV, the company’s investment arm, 6.18% of voting rights. This cemented bound as a significant shareholder and suggests deeper commitment to governance and the economic future of one of Europe’s most major sports institutions.

Juventus, founded in 1897 and with 36 league titles for its name, is an important club in Italian and European football. Tether originally acquired an 8.2% share in the club back in February.

Tether’s CEO Paolo Ardoino described the agreement as more than a financial investment. “We believe that Juventus is uniquely placed to lead both on the field and by embracing technology that can raise fan engagement, digital experiences and financial resilience. We are excited about those opportunities,” said Ardoino.

The company also expressed the willingness to participate in future capital infusions to “help strengthen Juventus’s financial foundation and avoid dilution of its position.”

The StableCOin giant, which reported $ 13 billion in profit last year, has invested in a number of sectors. These include artificial intelligence, Bitcoin mining and agriculture.

Shares in Juventus have risen more than 2.7% to 3.2 euros ($ 3.65) from writing.