šØ Big moves in the crypto world! šØ
Italy's largest bank, Intesa Sanpaolo, just jumped into the Bitcoin game with a cool $1M investment. This makes them the first Italian bank to dive into the BTC market. š¦šø
According to a report from Cointelegraph on the 14th, Intesa scooped up 11 BTC for roughly ā¬1M (~$1.02M) on January 13th. For context, this play comes hot on the heels of Bitcoin smashing past $100K just a month ago. š„š
The tea? š« A leaked email from NiccolĆ² Bardoscia, the bankās head of digital asset trading, spilled the beans. He wrote, āAs of January 13th, Intesa Sanpaolo holds 11 BTC. This milestone was only possible thanks to the teamās hard work. Big thanks to everyone involved!ā šŖš»
Intesa later confirmed the scoop through Wired.
Yo, if a traditional giant like this is stacking sats, whatās your excuse? š§š