Crypto
In Brief
- French football club PSG announces it has added Bitcoin to its balance sheet, a first for any sports club worldwide.
- The move was revealed at Bitcoin 2025 and aligns with the club’s young, crypto-aware global fanbase.
- The announcement follows GameStop’s BTC purchase, while Bitcoin trades 5% below last week’s all-time high.
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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.
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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…