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Italy’s largest bank, Intesa Sanpaolo, makes bold crypto move with $1M Bitcoin purchase
- Intesa Sanpaolo, Italy's largest bank by assets purchased 11 BTC valued at over $1 million.
- Intesa Sanpaolo's market capitalisation stands at $73 billion.
- On Tuesday, BTC was trading above $96,500, a recovery from its Monday dip to $89,400.
Intesa Sanpaolo, Italy’s largest bank by assets and a major player in the European financial landscape, has officially entered the Bitcoin market. According to a report from Reuters, the bank purchased 11 BTC valued at over $1 million on January 13, 2025. This move marks a significant shift for a traditional financial institution navigating the […]
January 14, 2025
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