Loading...
Loading...
Browse all stories on DeepNewz
VisitBy what percentage will Intesa Sanpaolo increase its Bitcoin holdings by end of 2025?
0-25% • 25%
26-50% • 25%
51-75% • 25%
76-100% • 25%
Official announcements from Intesa Sanpaolo or verified reports from reputable financial news outlets
Intesa Sanpaolo Buys 11 BTC for €1 Million, First Major Italian Bank to Invest in Cryptocurrency
Jan 13, 2025, 08:33 PM
Intesa Sanpaolo, Italy's largest bank by total assets, has made its first investment in Bitcoin, purchasing 11 BTC for a total of €1 million. This transaction marks the first case in Italy of a major financial institution directly investing in cryptocurrency. The purchase was confirmed by internal emails leaked and verified by Wired Italia, indicating that the transaction took place on January 13, 2025. This move is significant as it represents a departure from the cautious approach previously adopted by Italian banks towards cryptocurrencies, potentially signaling a shift in the financial sector's engagement with digital assets.
View original story
Yes • 50%
No • 50%
Increase by more than 50% • 25%
Decrease by more than 50% • 25%
Decrease by 0-50% • 25%
Increase by 0-50% • 25%
Between €1 million and €5 million • 25%
More than €10 million • 25%
Between €5 million and €10 million • 25%
Less than €1 million • 25%
Not disclosed • 25%
Profitable investment • 25%
Loss-making investment • 25%
Break-even • 25%
1% • 25%
5% • 25%
10% • 25%
Other • 25%
Other outcomes • 25%
Increased regulatory measures • 25%
Other banks follow suit • 25%
No significant impact • 25%
Ethereum • 25%
Other • 25%
Cardano • 25%
Ripple • 25%
No further investments in 2025 • 25%
Other strategic moves • 25%
Increase Bitcoin holdings • 25%
Invest in other cryptocurrencies • 25%
Other • 25%
Ripple • 25%
Bitcoin • 25%
Ethereum • 25%