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    You are at:Home»Cryptocurrency»French Football Club Paris Saint-Germain (PSG) Announces Bitcoin Reserve
    Cryptocurrency

    French Football Club Paris Saint-Germain (PSG) Announces Bitcoin Reserve

    TechAiVerseBy TechAiVerseMay 29, 2025No Comments2 Mins Read0 Views
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    French Football Club Paris Saint-Germain (PSG) Announces Bitcoin Reserve
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    French Football Club Paris Saint-Germain (PSG) Announces Bitcoin Reserve

    European football giants Paris Saint-Germain (PSG) announced that the club has adopted a Bitcoin reserve. The announcement was made today at the Bitcoin 2025 conference in Las Vegas.

    This makes PSG the first-ever football club or sports entity to adopt a Bitcoin treasury reserve. It also reflects on BeinCrypto’s earlier report that institutions and businesses across every industry are buying BTC. 

    PSG is currently the champion of the French domestic Ligue 1 and will play in the UEFA Champions League final next week in Munich.

    “Last year, we actually put Bitcoin in our books. So, we took our Fiat reserve, and we actually allocated Bitcoin, we still have it in our books, and as one of the largest clubs in the world, we are the largest player in the sports ecosystem to do that,” said the head of  PSG Labs, Par Helgosson.

    Disclaimer

    In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

    Mohammad Shahid is an experienced crypto journalist with a specialization in blockchain security. He covers a wide range of topics spanning everything from Web3 to retail crypto. As an experienced freelance journalist, he has worked on campaigns for several tier-1 exchanges, such as Bitget, and startups, including RankFi and HAQQ. Mohammad comes from an extensive technical background, with a master’s degree in Cyber Security Analysis from Macquarie University, where he majored in…

    Mohammad Shahid is an experienced crypto journalist with a specialization in blockchain security. He covers a wide range of topics spanning everything from Web3 to retail crypto. As an experienced freelance journalist, he has worked on campaigns for several tier-1 exchanges, such as Bitget, and startups, including RankFi and HAQQ. Mohammad comes from an extensive technical background, with a master’s degree in Cyber Security Analysis from Macquarie University, where he majored in…


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