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Italy’s Largest Bank Switched From Bitcoin to SpaceX Stock

Intesa Sanpaolo, Italy’s largest bank, disclosed a $966.42 million stake in SpaceX just weeks after slashing its exposure to BlackRock’s Bitcoin ETF. The shift marks a clear pivot from direct crypto exposure toward an indirect bet through traditional equities. SpaceX Stock Gets Confidence from Banks According to the filing submitted on August 4, Intesa acquired The post Italy’s Largest Bank Switched From Bitcoin to SpaceX Stock appeared first on BeInCrypto.

  • Read at BeInCrypto
  • Tue, 18 Aug 2026 15:36:47 +0000
Italy’s Largest Bank Switched From Bitcoin to SpaceX Stock