MassMutual Buys $100 Million Worth of Bitcoin (BTC) with Help of NYDIG Dec 11 2020 · 09:18 UTC by Bhushan Akolkar · 3 min read Photo: Depositphotos You have successfully joined our subscriber list. Insurance giant MassMutual notes that the latest Bitcoin purchase comes as part of the company’s plan to deliver long-term value to policy owners. NYDIG will facilitate the complete Bitcoin custody for MassMutual. Institutional investments continue to flow in Bitcoin (BTC) at an increasing rate. On Thursday, December 10, Massachusetts Mutual Life (MassMutual) announced the purchase of $100 Million worth of Bitcoin (BTC). This purchase of Bitcoins comes with the help of New York-based FinTech giant NYDIG.