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Paris Saint-Germain Adds Bitcoin to Treasury, Marking Crypto Milestone in Sports

  • Paris Saint-Germain (PSG) adds Bitcoin to its financial reserves, making it one of the first major sports clubs to hold the cryptocurrency.
  • PSG's move to include Bitcoin in its treasury assets sets it apart from other clubs that have focused on short-term crypto initiatives such as fan tokens and NFTs.
  • The club aims to connect with a younger, digitally-savvy audience through its involvement in the crypto ecosystem and plans to support Bitcoin entrepreneurs.
  • Pakistan also announced plans to launch a national Bitcoin reserve and allocate surplus electricity for Bitcoin mining, following initiatives in the U.S. to establish crypto reserves.

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