Italian banking group Intesa Sanpaolo has confirmed its acquisition of an unknown quantity of bitcoin (BTC), according to a leaked internal email. The confirmation came from Intesa Sanpaolo's press office after speculation emerged from the leaked email earlier in the day. The email, reportedly signed by the head of the bank's Trading and Investment division for Digital Assets, outlined the acquisition. The bank declined to provide further details on its motivations or future strategies involving bitcoin. This move marks a significant milestone for the crypto sector in Italy and comes as institutional interest in bitcoin continues to rise globally. Intesa Sanpaolo has been actively exploring blockchain and digital asset opportunities for nearly a decade.
- Content Editor ( decrypt.co )
- 2025-01-14
Italy's Largest Banking Group Intesa Sanpaolo Buys $1 Million in Bitcoin