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Will another Italian bank announce a direct investment in Bitcoin by June 30, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements or press releases from Italian banks
Story
Intesa Sanpaolo Buys 11 BTC for €1 Million, Marking First Italian Bank to Invest in Bitcoin
Jan 14, 2025, 07:19 AM
Intesa Sanpaolo, Italy's largest bank, has made its first direct investment in Bitcoin, purchasing 11 BTC for approximately €1 million ($1.02 million). This move marks the bank as the first Italian financial institution to invest directly in cryptocurrency. The purchase was confirmed by the bank following speculation sparked by a leaked internal email. The transaction was executed on January 13, 2025, and aligns with a growing trend of institutional interest in digital assets globally.
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Similar markets
No • 50%
Yes • 50%
No • 50%
Yes • 50%
Yes • 50%
No • 50%
Other banks follow suit • 25%
No significant impact • 25%
Increased regulatory measures • 25%
Other outcomes • 25%
5% • 25%
10% • 25%
Other • 25%
1% • 25%