PSG (Paris Saint-Germain) Include Bitcoin in Club Financial Reserves

Paris Saint-Germain, also called PSG, is a very famous football club from France. They just made a big and exciting announcement. PSG said that they are now saving some of their money in Bitcoin!

This news was shared by a man named Par Helgosson. He works at PSG as the head of something called PSG Labs. He spoke at a big event in Las Vegas, USA, called Bitcoin 2025. There, he told everyone that PSG started saving Bitcoin last year and is still doing it today. Let’s take a look at why this matters and what it means for fans and the future.

What Did PSG Do With Bitcoin?

Many sports teams tried using digital money, also called cryptocurrency, during the COVID-19 pandemic. They made special fan coins and digital items called NFTs. These helped fans feel closer to their teams online.

But PSG went one big step further. They didn’t just make fan tokens. They actually bought Bitcoin and added it to their club’s official savings. This is called a treasury reserve.

Helgosson explained, “We put Bitcoin in our books. We took some of our money and changed it into Bitcoin. And we still have it.” That means they are not just testing it – they are serious about using Bitcoin for the long term.

PSG is the first big football club to do this and tell the public. It’s kind of like what some big companies do. For example, MicroStrategy and Trump Media have also saved some of their money in Bitcoin. But not many sports teams have done this yet, which makes PSG special.

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Why Is PSG Using Bitcoin?

PSG said they made this decision for many reasons. One big reason is their fans. PSG has over 550 million fans all around the world! And guess what? Most of them – about 80% – are under the age of 34. That means many of their fans are young and use digital technology a lot.

Younger people are more comfortable with new tech like apps, social media, and yes – cryptocurrency. So by using Bitcoin, PSG is trying to speak the same language as its fans.

Helgosson said, “PSG is more than just a football club. We are a lifestyle brand. We like new ideas just like Bitcoin does.”

What Is PSG Labs?

PSG Labs is a special team inside the club. It was started last year to try out new ideas in technology. Helgosson is in charge of it.

PSG Labs is not just watching from the sidelines. They are jumping into the world of Bitcoin and Web3. PSG wants to help new Bitcoin businesses grow.

Helgosson said, “We will help Bitcoin builders go to market. We will launch with them, help them raise money, and show them to our fans around the world.”

That means PSG isn’t just buying Bitcoin. They’re also helping others in the crypto world grow and succeed.

What Does This Mean for Football?

This move by PSG might start a big trend. If it works well, other sports teams might do the same. They might also buy Bitcoin or use crypto to connect with fans.

It’s not just about money. It’s also about how teams connect with people. Today, fans want more than just a game. They want to be part of something modern and exciting. Using Bitcoin could help teams reach those fans.

Also, using Bitcoin might help clubs manage their money in a new way. If the price of Bitcoin goes up, the club’s savings could grow too. But of course, Bitcoin can also go down in value so it’s not without risk.

Also Read: CK444 vs Crypto Betting: 5 Better Alternatives for 2025

Conclusion

PSG is not just kicking goals on the football field – they are scoring big in the tech world too. By putting Bitcoin in their savings, they are leading the way in how sports teams can use digital money.

This smart move might inspire many other teams to think differently. And for fans, it shows that PSG isn’t afraid to try something bold and new. As the world of football and technology come closer together, PSG seems ready for the future.

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FAQ

Did PSG really buy Bitcoin?

Yes, PSG started buying Bitcoin last year. They put it in their club’s savings and are still holding it today.

Why did PSG buy Bitcoin?

They want to try new things, connect with young fans, and save money in a different way.

Are other sports clubs doing this?

Some clubs have made fan tokens or NFTs. But PSG is the first big football club to save real Bitcoin in their treasury.

Who shared the news?

Pär Helgosson, the head of PSG Labs, shared this news at a Bitcoin event in Las Vegas.

What is PSG Labs?

It’s a team inside PSG that works on new ideas like Web3, the metaverse, and cryptocurrency.

Will PSG buy other types of crypto?

Right now, PSG is focusing only on Bitcoin. They didn’t say anything about buying other coins like Ethereum or Solana.

How will PSG help Bitcoin businesses?

They want to work with people who are building Bitcoin tools. PSG will help them launch their products, raise money, and show them to PSG’s fans all around the world.