Loading...
Market
What will be Intesa Sanpaolo's next move in cryptocurrency by end of 2025?
2
Resolution / Starting Odds
Increase Bitcoin holdings • 25%
Invest in other cryptocurrencies • 25%
No further investments in 2025 • 25%
Other strategic moves • 25%
Official announcements from Intesa Sanpaolo or reputable financial news outlets
Story
Intesa Sanpaolo Becomes First Italian Bank to Buy Bitcoin, Acquires 11 BTC for €1M
Jan 14, 2025, 02:18 AM
Intesa Sanpaolo, Italy's largest bank by total assets, has made its first direct investment in Bitcoin, purchasing 11 BTC for approximately €1 million ($1 million). This transaction marks the first time an Italian bank has invested directly in cryptocurrency. The purchase was confirmed by the bank's press office following a leak of an internal email on the online forum 4chan. The email, reportedly from Niccolò Bardoscia, head of the bank’s Trading and Investment division for Digital Assets, celebrated the successful completion of the bank's first Bitcoin trade. Despite the confirmation, Intesa Sanpaolo has not disclosed its motivations or future plans regarding Bitcoin investments.
View original story
Similar markets
Ripple • 25%
Ethereum • 25%
Cardano • 25%
Other • 25%
Ethereum • 25%
Other • 25%
Ripple • 25%
Bitcoin • 25%
Between €1 million and €5 million • 25%
Between €5 million and €10 million • 25%
More than €10 million • 25%
Less than €1 million • 25%
Ripple • 25%
Ethereum • 25%
Other • 25%
Litecoin • 25%
No • 50%
Yes • 50%
Cryptocurrency portfolio management • 25%
Other • 25%
Bitcoin custody services • 25%
Bitcoin trading platform • 25%
76-100% • 25%
51-75% • 25%
0-25% • 25%
26-50% • 25%