Fenerbahce Announces Record Profit!

The clubs, whose shares are traded on Borsa Istanbul, announced the data for the third quarter of 2021. Accordingly, Fenerbahçe surpassed the others with the profit it earned. Having released Fenerbahçe Token (FB) in August, Fenerbahçe announced that it achieved one of the biggest gains in its history with a profit of 257 million liras. Behind this profit is also the cryptocurrency breakthrough.

Historical gain from Fenerbahçe, which stepped into the crypto money field

Fenerbahçe announced that it made a profit of 257 million liras after the third quarter reports of the clubs whose shares are traded on the BIST. Fenerbahçe reported a loss of 30.1 million lira in the third quarter of 2020. In addition, the income of the football club increased from 120 million lira to 471 million lira. The biggest impact behind the profits of the Yellow-Navy Blues was their entry into the crypto money sector. For this reason, the club announced for the first time in its history that it made a profit in the June-August period.

30-day FB Token chart. Source: CoinMarketCap

cryptocoin.com As we have previously reported, Fenerbahce issued tokens in August with the partnership of Paribu. The tokens are offered for sale as “option 1” and “option 2”. The tokens in the first option were worth 30 TL and were released as 500 thousand. These tokens sold out in 30 seconds. Those in the second option were worth 15 TL and their total value was 20 million TL. The maximum supply of the FB token is 190,700,000. FB Token, which has reached the level of 150 lira, is worth 64.61 lira at the time of writing.

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