Intesa Sanpaolo Buys 11 BTC for €1 Million in First Transaction, According to Leaked Emails

Jan 13, 2025, 07:41 PM

Italy's largest bank, Intesa Sanpaolo, has initiated its entry into the cryptocurrency market by purchasing Bitcoin. Leaked internal emails indicate that the bank celebrated its first transaction, which involved the acquisition of 11 BTC for a total of €1 million. This move marks a significant step for the bank in embracing digital currencies, reflecting a broader trend among financial institutions exploring cryptocurrency investments.