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Intesa Sanpaolo, Italy’s largest bank, has attracted attention by announcing its purchase of Bitcoin (BTC ($95,966.58)) 
$96,641. The Italian bank confirmed its acquisition of 11 BTC worth $1 million. Internal communications obtained by Reuters indicate that this purchase is part of the bank’s cryptocurrency strategy.
Intesa Sanpaolo’s Digital Strategy Gains Attention
With a market value of approximately $73 billion, Intesa Sanpaolo is adopting an innovative approach in the field of digital finance. The bank had previously drawn attention by establishing its own cryptocurrency trading division in 2023. This division plays an active role in both spot trading and other cryptocurrency transactions.
This move by the bank could signal a pioneering approach in the industry. The increasing interest of traditional …
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