{"id":7553,"date":"2025-01-14T11:17:59","date_gmt":"2025-01-14T11:17:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7553"},"modified":"2025-01-14T11:17:59","modified_gmt":"2025-01-14T11:17:59","slug":"one-of-italys-largest-bank-buys-1m-worth-of-bitcoin-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7553","title":{"rendered":"One of Italy&#8217;s Largest Bank Buys $1M Worth of Bitcoin: Report"},"content":{"rendered":"<div>\n<p>Bitcoin (BTC), continues to get further entrenched into the traditional finance system. Italy&#8217;s largest bank by assets, Intesa Sanpaolo, has bought 11 BTC for over $1 million, according to a <a href=\"https:\/\/www.reuters.com\/business\/finance\/italys-intesa-buys-1-mln-euros-bitcoin-first-proprietary-trade-2025-01-14\/\" target=\"_blank\">Reuters<\/a> report.<\/p>\n<p>Reuters saw an internal message that said, &#8220;As of today, Jan. 13, 2025, Intesa Sanpaolo owns 11 bitcoins&#8221;.<\/p>\n<p>Intesa Sanpaolo currently has a <a href=\"https:\/\/companiesmarketcap.com\/gbp\/intesa-sanpaolo\/marketcap\/\" target=\"_blank\">market capitalization<\/a> of roughly $73 billion, putting it at 247 out of the top 250 most valuable companies. The share price is slightly higher today, up over 2%.<\/p>\n<p>According to Reuters, Intesa has had a proprietary trading desk in place for the past few years and also handles spot trading for other cryptocurrencies.<\/p>\n<p>BTC is up 2% on Tuesday, trading over $96,500, after plunging over 5% on Monday, touching a low of around $89,400.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC), continues to get further entrenched into the traditional finance system. Italy&#8217;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, &#8220;As of today, Jan. 13, 2025, Intesa Sanpaolo owns 11 bitcoins&#8221;. Intesa Sanpaolo currently has a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7553","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7553"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7553\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}