๐ด Breaking | Italyโs largest bank reveals it holds nearly a billion dollars in SpaceX โ the biggest U.S. investment for the bank
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๐ฐ The news
Intesa Sanpaolo, Italyโs largest bank, disclosed that it holds a stake in SpaceX worth nearly one billion dollars as of June 30, making it the bankโs largest single U.S. investment ever.
โโโโโโโโโโ
โ Comes after a similar earlier announcement by the bank as it shifted toward a pledged Ethereum fund and cut IBIT by 94%
โ Reflects a rising pattern among long-established European banks investing in private growth companies that are not publicly listed
โโโโโโโโโโ
๐ข Smart investment strategy or a risk with an illiquid asset? ๐
โฌก LEGENDARY_007#LEGENDARY_007
$BTC
โโโโโโโโโโ
๐ฐ The news
Intesa Sanpaolo, Italyโs largest bank, disclosed that it holds a stake in SpaceX worth nearly one billion dollars as of June 30, making it the bankโs largest single U.S. investment ever.
โโโโโโโโโโ
โ Comes after a similar earlier announcement by the bank as it shifted toward a pledged Ethereum fund and cut IBIT by 94%
โ Reflects a rising pattern among long-established European banks investing in private growth companies that are not publicly listed
โโโโโโโโโโ
๐ข Smart investment strategy or a risk with an illiquid asset? ๐
โฌก LEGENDARY_007#LEGENDARY_007
$BTC