Italy's Intesa buys 1 million euros in Bitcoin

Italy's Intesa 'tests' bitcoin with 1 mln euro investment
Italy's biggest bank, Intesa Sanpaolo , has made its first proprietary bitcoin trade, buying 1 million euros ($1 million) of the world's largest digital currency in what CEO Carlo Messina described as "a test".
Intesa Sanpaolo, Italy’s largest bank, purchases 11 Bitcoins for over $1M
Italy’s biggest bank, Intesa Sanpaolo, has acquired Bitcoins in a $1.03 million purchase. As of today, January 13, 2025, the bank owns 11 Bitcoins. Intesa Sanpaolo has now become the first bank in Italy to gain direct exposure to cryptocurrencies.
Italy’s largest bank, Intesa Sanpaolo, buys $1M Bitcoin
Intesa Sanpaolo, the country's largest bank, has ventured into the cryptocurrency market by purchasing $1 million worth of Bitcoin (BTC).
Italy's Intesa buys 1 million euros in bitcoin in first proprietary trade
Italy's biggest bank Intesa Sanpaolo on Monday completed its first proprietary bitcoin trade investing 1 million euros ($1.03 million) into the world's largest digital currency, an internal memo showed.
Italy's Intesa 'tests' bitcoin with $1mln investment
Intesa in 2023 set up a proprietary trading desk for digital assets and last year started handling spot trades with cryptocurrencies
Italy's Largest Banking Group Intesa Sanpaolo Buys $1 Million in Bitcoin
While the purchase was confirmed, the banking group declined to elaborate on its motivations or potential future strategies involving Bitcoin
Intesa Sanpaolo Becomes Italy’s First Bank to Invest in Bitcoin
Italy’s largest bank, Intesa Sanpaolo, invests €1M in Bitcoin, becoming the first Italian bank to make a direct move into crypto.
Italy’s largest bank enters crypto market with $1M Bitcoin investment
Italy’s largest bank, Intesa Sanpaolo, became the first Italian bank to make a Bitcoin investment, purchasing 11 BTC for about 1 million euros ($1.02 million) on Jan. 13. The investment comes just over a month after Bitcoin ( BTC) surpassed the $100,000 mark in December.
Italian Banking Giant Intesa Sanpaolo Makes Historic €1 Million Bitcoin Purchase
Italy's largest bank, Intesa Sanpaolo, has purchased 11 Bitcoin for €1 million, marking the first direct cryptocurrency investment by an Italian bank
One of Italy's Largest Bank Buys $1M Worth of Bitcoin: Report
Bitcoin (BTC), continues to get further entrenched into the traditional finance system. Italy's largest bank by assets, Intesa Sanpaolo, has
Intesa Makes First Spot Bitcoin Buy
Intesa Sanpaolo SpA has made its first spot Bitcoin purchase, buying roughly 1 million euros ($1 million) worth of the original cryptocurrency, as Italy’s largest banking group pushes deeper into the asset class.
CoinDesk1d
One of Italy's Largest Banks Buys $1M Worth of Bitcoin: Report
Banking giant Intesa Sanpaolo, which has a market cap of $73 billion, has made its first crypto purchase.
Crypto Briefing1d
Italy’s largest bank steps into Bitcoin with $1M purchase
Italy's largest bank, Intesa Sanpaolo, buys $1M in Bitcoin, marking its first spot purchase amid growing institutional crypto ...