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

Date:

PSG Embraces Bitcoin Ahead of Champions League Final

Paris Saint-Germain (PSG) has officially confirmed that it holds Bitcoin (BTC) on its balance sheet, becoming the first major sports club in the world to treat BTC as a long-term treasury asset. The announcement comes just days before the club faces Inter Milan in the UEFA Champions League final in Munich.

From Fan Tokens to Financial Strategy

Unlike most football clubs that have dabbled in crypto through short-term promotions like NFTs and fan tokens, PSG is taking a different path—one that positions it as a forward-thinking, crypto-aligned sports brand. The club previously launched its fan token on Socios and created AI-generated NFT posters via Crypto.com. But this latest move represents a deeper financial commitment to the digital asset space.

Aligning with a Young Global Fanbase

Speaking at the Bitcoin 2025 conference in Las Vegas, Pär Helgosson, head of PSG Labs, revealed:
“We took our fiat reserves and we actually allocated Bitcoin. We still have it in our books. And as one of the largest clubs in the world, we’re the largest player in the sports ecosystem to do that.”

Helgosson emphasized that more than 80% of PSG’s global fanbase is under 34 years old, making Bitcoin a natural fit for a club aiming to be a “club of the new generation.”

PSG Labs to Fuel Bitcoin Innovation

PSG’s venture arm, PSG Labs, is not stopping at balance sheet strategy. The platform plans to incubate Bitcoin startups and help them scale globally. “We will launch with you, list with you, raise with you,” Helgosson said. “We will help you find that global market.”

Launched in 2024, PSG Labs marks the club’s shift from a brand-focused crypto approach to becoming an active builder in the Bitcoin ecosystem.

Growing Institutional Support for Bitcoin

PSG’s announcement aligns with a broader global trend. At the same conference, Pakistan officials disclosed plans to establish a national Bitcoin reserve—signaling growing institutional adoption of BTC as a part of long-term financial infrastructure.

Bitcoin Price Update

At the time of the announcement, Bitcoin is trading at $106,113, down 1.6% over the last 24 hours, according to CoinGecko.

Champions League Final: PSG vs. Inter Milan

Paris Saint-Germain’s bold financial move sets the tone for a historic weekend, as the club prepares to take on Inter Milan in the UEFA Champions League final this Saturday in Munich.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this

Bitcoin Drops Below $104K, Ethereum Tumbles as Israeli Airstrikes Hit Iran

Crypto markets plunge amid rising Middle East tensions Bitcoin and...

GameStop Stock Plunges 22% After Expanding $2.25B Bitcoin Investment Strategy

GameStop increases convertible note offering to fund Bitcoin purchases Video...

Sandeep Nailwal Appointed as Polygon Foundation’s First CEO, Marking a Centralized Shift

Polygon moves away from decentralized governancePolygon co-founder Sandeep Nailwal...

PancakeSwap Launches One-Click Crosschain Swaps with Across Protocol

Streamlining DeFi: PancakeSwap Tackles Crosschain Complexity PancakeSwap, one of the...