House of Doge acquires lowest-ranked Italian soccer club

House of Doge, a Dogecoin-affiliated entity, has become the majority shareholder of US Triestina Calcio 1918, the lowest-ranked team in Italy's Serie C league, The Block reported. The organization said it plans to strengthen the club's operations and community initiatives and will introduce cryptocurrency payments for fan-friendly services such as purchasing tickets, food, beverages, and merchandise. The financial terms of the acquisition were not disclosed.