đš Big moves in the crypto world! đš
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. đŠđž
According to a report from Cointelegraph on the 14th, Intesa scooped up 11 BTC for roughly âŹ1M (~$1.02M) on January 13th. For context, this play comes hot on the heels of Bitcoin smashing past $100K just a month ago. đ„đ
The tea? đ« A leaked email from NiccolĂČ Bardoscia, the bankâs head of digital asset trading, spilled the beans. He wrote, âAs of January 13th, Intesa Sanpaolo holds 11 BTC. This milestone was only possible thanks to the teamâs hard work. Big thanks to everyone involved!â đȘđ»
Intesa later confirmed the scoop through Wired.
Yo, if a traditional giant like this is stacking sats, whatâs your excuse? đ§đ