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    Genius Group to raise $33m to buy more BTC

    Genius Group to raise $33m to buy more BTC

    Genius Group has announced a $33 million rights offering. The company will use net proceeds from the sale to buy Bitcoin. Genius Group holds $35 million in BTC and could see holdings rise to $86 million with plans for additional $20 million loan. Publicly-listed...
    Italy’s largest bank, Intesa Sanpaolo, buys $1M Bitcoin

    Italy’s largest bank, Intesa Sanpaolo, buys $1M Bitcoin

    Intesa Sanpaolo Bank buys $1M in Bitcoin. The bank is the first Italian bank to invest in crypto. The move is a low-risk experiment with digital assets in preparation for potential client demand. In a pioneering move for Italy’s financial sector, Intesa Sanpaolo, the...
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