The bank also holds a large put option position on Strategy, potentially capitalizing on the company trading above the value of its BTC holdings.
Banking giant Intesa Sanapolo discloses $100 million bitcoin ETF holdings, along with Strategy hedge
The bank also holds a large put option position on Strategy, potentially capitalizing on the company trading above the value of its BTC holdings.
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The majority of incidents took place on the Ethereum network, followed by Bitcoin.
The company said its net revenue for the first six months of 2025 was $67.9 million, against a net loss of $282.5 million.
The crypto treasury firm added over 40,000 ETH last week and has now staked over 2 million tokens.
The investment could help Polymarket return to the U.S. market, after it was shut off to U.S. users in 2022 following a settlement with the CFTC.