Intesa Sanpaolo, Italy’s largest banking institution by assets, has acquired 11 bitcoins, valued at approximately $1 million. With a market capitalization of around $73 billion, Intesa Sanpaolo ranks among the world’s top 250 most valuable companies.

Intesa Sanpaolo makes a historic move by purchasing 11 bitcoin, signaling a shift in Italy’s approach to digital assets.

A few days after the entry into force of the MiCAR, According to Mf, on Monday, Intesa Sanpaolo would have bought 11 bitcoins, entering the crypto market

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, the country's largest bank, has ventured into the cryptocurrency market by purchasing $1 million worth of Bitcoin (BTC).

Italy's largest bank, Intesa Sanpaolo, buys $1M in Bitcoin, marking its first spot purchase amid growing institutional crypto adoption.

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

Banking giant Intesa Sanpaolo, which has a market cap of $73 billion, has made its first crypto purchase.

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".