According to @ReutersBiz, BBVA CEO Onur Genc said the bank has $9.4 billion in capital ready to fund a mandatory cash offer for Banco Sabadell if its hostile offer fails to secure sufficient shareholder acceptance, source: Reuters Business, Oct 6, 2025, https://reut.rs/46RGahL. @ReutersBiz reports this confirms BBVA’s capacity to proceed on a cash-bid path, providing a concrete financing figure that equity desks can use to benchmark deal scenarios and price risk in BBVA and Sabadell shares, source: Reuters Business, Oct 6, 2025, https://reut.rs/46RGahL. @ReutersBiz does not reference any direct crypto market impact or changes to digital-asset services, indicating the immediate implications are centered on European bank equities rather than crypto, source: Reuters Business, Oct 6, 2025, https://reut.rs/46RGahL.