PSG Adds Bitcoin to Treasury, Fan Token Volume Doubles
The post PSG Includes Bitcoin to Treasury, Fan Token Volume Doubles appeared on BitcoinEthereumNews.com. PSG verified it began accumulating Bitcoin in 2024 and continues to hold it. The club intends to get in touch with younger fans and support Bitcoin-focused endeavors. PSG fan token spiked to $2.75 after the news, with trading volume rising 120%. As the Champions League last methods, Paris Saint-Germain (PSG) has actually officially revealed its long-term Bitcoin treasury strategy. Speaking at the Bitcoin 2025 conference, Pär Helgosson, head of PSG Labs, confirmed that the club began collecting Bitcoin BTC $105 175 24h volatility: 2.8% Market cap: $2.09 T Vol. 24h: $42.86 B in 2024 and has maintained its position considering that. Following the statement, PSG’s fan token quickly rose to $2.75, before pulling away to $2.58 at the time of writing. Trading volume saw a significant 120% spike, reaching $22 million, as the community reacted to the club’s strong Bitcoin move. Notably, Paris Saint-Germain was among the very first clubs to introduce a fan token and explore NFTs in collaboration with platforms like Socios and Chiliz. However, it now stands apart as the first football club to openly declare long-term Bitcoin holdings. Helgosson stressed that PSG’s Bitcoin investment belongs to a wider strategy to engage its 550 million global fanbase, especially the younger generation. He also mentioned that PSG Labs plans to support Bitcoin entrepreneurs and projects by providing global reach. The executive added that PSG will collaborate with Bitcoin ventures in launching, listing, fundraising, and scaling internationally. PSG Price Outlook On the 4-hour PSG cost chart, the Bollinger Bands are expanding, showing increasing volatility. The token is trading around $2.58 after a sharp rejection near the upper Bollinger Band at $2.85, signifying short-term selling pressure. A break below the mid-band support (20-day SMA) at $2.64 might push PSG toward the lower band near $2.42. The RSI stands at 43, revealing neutral momentum without yet entering oversold area. PSG traders could see a rate surge above the $2.75 resistance to retest $2.85 if buyers regain strength. Bitcoin Bull ($ BTCBULL) Presale: What You Required to Know As PSG continues its upward momentum, a new meme coin, Bitcoin Bull ($ BTCBULL), is attracting significant attention due to its unique crypto presale model. For every $25,000 increase in Bitcoin’s value between $100,000 and $250,000, BTCBULL holders unlock new benefits, including token burns and BTC airdrops. The most significant reward, BTCBULL airdrop, is set for when Bitcoin reaches the $250,000 mark. The Bitcoin Bull team has already raised over $6.59 million in the BTCBULL presale, nearing its $7.5 million target. BTCBULL presale details: Token cost: $0.002535 Funds raised: $6.59 million Payment methods: ETH, USDT Ticker: BTCBULL This presale is set to conclude in a few hours, after which the team may increase BTCBULL’s value. With Bitcoin continuing its robust rally, early BTCBULL holders are expecting major gains. Disclaimer: Coinspeaker is committed to offering objective and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change quickly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content. A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and knowledge in the area after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books. Parth Dubey on LinkedIn Source: Coinspeaker
