Italy's Intesa 'tests' bitcoin with 1 million euro investment

2 days ago · MILAN (Reuters) -Italy's biggest bank, Intesa Sanpaolo, has made its first proprietary bitcoin trade, buying 1 million euros ($1 million) of the world's largest digital currency in what …

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Italy's Intesa 'tests' Bitcoin With 1 Million Euro Investment

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One Of Italy's Largest Banks Buys $1M Worth Of Bitcoin: Report

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1 day ago · Italy's largest bank by assets, Intesa Sanpaolo, has bought 11 BTC for over $1 million, according to a Reuters report. Reuters saw an internal message that said, "As of …

coindesk.com

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Intesa Sanpaolo Leads Italian Banks With €1M Bitcoin Investment

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1 day ago · Italy’s Banking Giant Intesa Sanpaolo Buys Over $1 Million in Bitcoin 2 mins. By Lockridge Okoth. 14 January 2025, 12:00 GMT+0000 ... In Brief. Italy’s largest bank acquires …

beincrypto.com

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Italy’s Largest Bank Intesa Makes First Spot Bitcoin Purchase

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1 day ago · Intesa Sanpaolo SpA has made its first spot Bitcoin purchase, buying roughly 1 million euros ($1 million) worth of the original cryptocurrency, as Italy’s largest banking group pushes …

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Italy’s Biggest Bank Intesa Sanpaolo Makes First Proprietary Bitcoin ...

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1 day ago · 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 …

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Italy's Largest Bank Makes Its First Bitcoin Purchase In $1 Million …

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19 hours ago · Italy’s biggest bank, Intesa Sanpaolo, has made history by becoming the first Italian financial institution to buy 11 bitcoins for a "test" purchase worth $1 million. Initially a …

zerohedge.com

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Italy's Largest Bank Leaps Into Bitcoin Trading With $1 Million 'Test ...

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1 day ago · Italy’s largest bank, Intesa Sanpaolo, dipped its toes in the cryptocurrency market, conducting its first Bitcoin (CRYPTO: BTC) purchase worth $1 million, according to a …

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Italy’s Largest Bank, Intesa Sanpaolo, Buys Bitcoin Worth $1M | Invezz

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1 day ago · Intesa Sanpaolo, Italy's largest bank by assets purchased 11 BTC valued at over $1 million. Intesa Sanpaolo's market capitalisation stands at $73 billion. On Tuesday, BTC was …

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Italy's Biggest Bank Intesa Sanpaolo Makes First Proprietary Bitcoin ...

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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 …

msn.com

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Intesa Sanpaolo, Italy’s Largest Bank, Purchases 11 Bitcoin Worth …

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1 day ago · Intesa Sanpaolo has acquired Bitcoin in a transaction worth over $1 million. The financial institution becomes the first bank in Italy to gain direct exposure to digital assets. BTC …

cryptopolitan.com

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Italy’s Largest Bank, Intesa Sanpaolo, Buys $1M Bitcoin

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1 day ago · In a pioneering move for Italy’s financial sector, Intesa Sanpaolo, the country’s largest bank, has ventured into the cryptocurrency market by purchasing $1 million worth of Bitcoin …

coinjournal.net

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Crypto Goes Mainstream: Italy’s Biggest Bank Buys 11 Bitcoins For …

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12 hours ago · The biggest bank in Italy, Intesa Sanpaolo, has finally entered the world of cryptocurrencies by buying 11 bitcoins worth over $1 million, Reuters reported. The move …

bitcoinist.com

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Italy's Largest Bank Intesa Sanpaolo Enters Bitcoin Market With …

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1 day ago · Intesa Sanpaolo, Italy’s largest bank, has reportedly entered the Bitcoin market by acquiring €1 million worth of the leading digital asset.. This translates to approximately 11 …

cryptoslate.com

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Intesa Sanpaolo: Italy’s Largest Bank Buys $1M Worth Of Bitcoin

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1 day ago · The total $1.03 million purchase netted the bank a total of 11 BTC, according to a Reuters report. Moreover, local news outlets have reported that Intesa Sanpaolo has officially …

watcher.guru

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Italy's Intesa 'tests' Bitcoin With 1 Million Euro Investment - MSN

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MILAN (Reuters) -Italy's biggest bank, Intesa Sanpaolo, has made its first proprietary bitcoin trade, buying 1 million euros ($1 million) of the world's largest digital currency in what CEO …

msn.com

FAQs about Italy's Intesa 'tests' bitcoin with 1 million euro investment Coupon?

Did Intesa Sanpaolo buy bitcoin?

(REUTERS) 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, the bank’s digital asset trading and investments head Niccolò Bardoscia said in an internal email that was posted on online forum 4chan. ...

Who is Intesa Sanpaolo?

(Reporting by Valentina Za. Editing by Louise Heavens and Mark Potter) MILAN (Reuters) -Italy's biggest bank, Intesa Sanpaolo, has made its first proprietary bitcoin trade, buying 1 million euros ($1 million) of the world's largest digital currency in what CEO Carlo Messina described as "a test". ...

Will Intesa become a bitcoin player?

An internal memo seen by Reuters showed Intesa bought 11 bitcoins on Monday. "We won't become a bitcoin player," Messina told reporters after an event to present a new accord with employers' lobby Confindustria to make 200 billion euros in lending available through 2028 for company investments. ...

How much is Intesa Sanpaolo worth?

Intesa Sanpaolo, Italy's largest bank by assets purchased 11 BTC valued at over $1 million. Intesa Sanpaolo's market capitalisation stands at $73 billion. On Tuesday, BTC was trading above $96,500, a recovery from its Monday dip to $89,400. Follow Invezz on Telegram, Twitter, and Google News for instant updates > ...

Is bitcoin a legitimate asset class in Europe?

While other European banks have taken cautious steps into cryptocurrency, Intesa’s move sets a precedent, highlighting the growing recognition of Bitcoin as a legitimate asset class. The decision could spark similar initiatives across Europe, particularly as regulations around digital currencies become more defined. ...

How can Intesa benefit from a 'consolidation' in Italian banking?

Intesa can benefit from steering clear of the current round of consolidation in Italian banking and the integration processes they entail, he said, adding: "We don't have those complications to deal with and we don't want them." Monday's Intesa trade was first reported by Italian daily La Stampa. (Reporting by Valentina Za. ...