Paris Saint-Germain Sets Industry Benchmark with Bitcoin Treasury Allocation | Smarti News – AI-Powered Breaking News on Tech, Crypto, Auto & More
Paris Saint-Germain Sets Industry Benchmark with Bitcoin Treasury Allocation

Paris Saint-Germain Sets Industry Benchmark with Bitcoin Treasury Allocation

2025-05-30
0 Comments Peyman Golkar

2 Minutes

Paris Saint-Germain Becomes First Major Sports Club to Hold Bitcoin as a Treasury Asset

Paris Saint-Germain (PSG), a leading force in European football and Champions League finalist, has made waves across both the cryptocurrency and sports sectors by announcing the inclusion of Bitcoin in its treasury reserves. This bold move was publicly shared at the Bitcoin 2025 conference in Las Vegas, where Par Helgosson, head of PSG Labs—the club’s innovation hub—disclosed that PSG converted a share of its fiat holdings into Bitcoin in 2024 and continues to maintain that position.

Breaking New Ground in Blockchain Adoption

PSG’s announcement marks a monumental shift in the relationship between professional sports and digital assets. Unlike the prevalent trend of partnerships focusing on NFT collectibles, fan tokens, or crypto sponsorships, PSG is advancing its adoption by directly investing in Bitcoin as a store of value. This signals that the French football giant is more than just a marketing partner—it’s an active participant in the emerging blockchain economy.

Aligning with a Young, Global Fanbase

Helgosson revealed that this strategic treasury decision mirrors the digital-savvy profile of PSG’s worldwide followers, 80% of whom are under 34 and deeply engaged with cryptocurrencies and decentralized finance. "We’re not merely sponsoring crypto initiatives; we are investing in the ecosystem itself," he stated, underscoring the club’s commitment to blockchain technology.

Immediate Market Impact and Ongoing Blockchain Initiatives

The announcement quickly sparked a surge in PSG’s Fan Token, which jumped to $2.75 before settling at $2.42. PSG has also established its presence as a validator on the Chiliz blockchain, allocating staking rewards towards token buybacks—reinforcing its long-term dedication to community engagement via blockchain solutions.

PSG’s trailblazing treasury decision comes at a pivotal moment, as Bitcoin recently reached a record high of $111,800 before a slight correction. The club’s approach is setting a new industry standard for digital asset adoption in the global sports sector.

I am a technology lover who has been writing and living in various fields such as IT and automobiles for many years!

Comments

Leave a Comment