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

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

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

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

Intesa Sanpaolo, Italy's largest banking group, has made a significant move by purchasing 11 Bitcoins for approximately 1 million euros, marking the first direct investment in crypto by an Italian bank. The acquisition was confirmed by the bank's press office following leaked internal communication earlier in the day.

Intesa Sanpaolo, the Italy's biggest bank has made its first proprietary Bitcoin purchase, buying roughly 1 million euros ($1 million) worth of the cryptocurrency. The lender bought 11 Bitcoin on Monday,