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.