Italy&#8217;s largest bank, Intesa Sanpaolo, dipped its toes in the cryptocurrency market, conducting its first Bitcoin (CRYPTO: BTC) purchase worth $1 million, according to a report on Tuesday.

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Italy's Largest Bank Leaps Into Bitcoin Trading With $1 Million 'Test' Investment But CEO Says He Doesn't Invest In BTC Personally

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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. Bloomberg's Anna Irrera has the story. (Source: Bloomberg)

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Intesa Makes First Spot Bitcoin Buy

The bank has invested around one million using its balance sheet. The role of the new digital asset trading desk

La banca ha investito circa un milione attingendo al suo bilancio. Il ruolo del nuovo desk di trading di asset digitali

Intesa Sanpaolo, perché ha comprato 11 bitcoin per un milione?È la prima grande banca italiana che investe in criptovalute

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Intesa Sanpaolo, why did it buy 11 bitcoins for one million? It is the first major Italian bank to invest in cryptocurrencies

Italy’s biggest bank, Intesa Sanpaolo, has made history by becoming the first Italian financial institution to buy 11 bitcoins for a “test” purchase worth $1 million. Initially a widespread rumor, Bloomberg has confirmed that Italy’s largest banking giant has indeed dipped its toes in Bitcoin.  According to an internal memo, the financial institution completed its […]

Zero Hedge

Italy's Largest Bank Makes Its First Bitcoin Purchase In $1 Million "Test" - Nemos News Network

Bitcoin (BTC), continues to get further entrenched into the traditional finance system. Italy's largest bank by assets, Intesa Sanpaolo, has bought 11 BTC for over $1 million, according to a Reuters report.
Reuters saw an internal message that said, "As of today, Jan. 13, 2025, Intesa Sanpaolo owns 11 bitcoins".
Intesa Sanpaolo currently has a market capitalization of roughly $73 billion, putting it at 247 out of the top 250 most valuable compan…

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Intesa Sanpaolo, Largest Italian Bank by Total Assets, Buys 11 BTC for Over $1M

14:35 Intesa Sanpaolo, one of the largest banks in Europe, has made its first bitcoin purchase. "It's an experiment," says the CEO.

14:35 Intesa Sanpaolo, een van de grootste banken in Europa, heeft zijn eerste bitcoinaankoop gedaan. 'Het is een experiment', zegt de CEO.

Grootste bank van Italië koopt elf bitcoins

De Tijd

Belgium

Italy's largest bank buys 11 bitcoins

Italy’s largest bank, Intesa Sanpaolo, has etched its name in financial history as the first Italian institution to venture into direct bitcoin settlement. First Bitcoin Deal by Italy’s Largest Financial Institution On Jan. 13, 2025, the bank executed a proprietary bitcoin transaction valued at one million euros, securing 11 bitcoin (BTC), as disclosed in an […]

Bitcoin.com

Intesa Sanpaolo: Italy’s Largest Bank Makes History With Bitcoin Settlement – Crypto News Bitcoin News

In an announcement that surprised many, Intesa Sanpaolo, one of Italy's leading banks and among the giants of the European financial sector, announced a significant investment in Bitcoin.

CryptoPanic

Intesa Sanpaolo Announces Strategic Investment in Bitcoin

Italy’s largest bank, Intesa Sanpaolo, has etched its name in financial history as the first Italian institution to venture into direct bitcoin …

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Intesa Sanpaolo: Italy’s Largest Bank Makes History With Bitcoin Settlement

While the purchase was confirmed, the banking group declined to elaborate on its motivations or potential future strategies involving Bitcoin

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Italy's Largest Banking Group Intesa Sanpaolo Buys $1 Million in Bitcoin

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Italy's Largest Bank Leaps Into Bitcoin Trading With $1 Million 'Test' Investment But CEO Says He Doesn't Invest In BTC Personally

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