Wells Fargo recently issued long-term priority notes and holds a large amount of Bitcoin, integrating traditional debt financing with digital asset allocation in its balance sheet strategy. This move adds a new dimension to its financing costs and asset portfolio, but the bank's core strategy remains converting deposits into stable income under regulatory pressure.
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Wells Fargo recently issued long-term priority notes and holds a large amount of Bitcoin, integrating traditional debt financing with digital asset allocation in its balance sheet strategy. This move adds a new dimension to its financing costs and asset portfolio, but the bank's core strategy remains converting deposits into stable income under regulatory pressure.