Major Insurer Massmutual Invests $100 Million in Bitcoin for Long-Term Value
Major Insurer Massmutual Invests $100 Million in Bitcoin for Long-Term Value Leading life insurance company Massmutual has become the latest big company to invest a huge sum of money in bitcoin. Massmutual believes that having a bitcoin position in its investment account will help the company deliver long-term value to its insurance policyholders. Massmutual Buys Bitcoin Worth $100 Million Massachusetts Mutual Life Insurance Company (Massmutual) announced on Thursday that it has purchased $100 million worth of bitcoin and also a $5 million equity investment in Nydig, a prov...
Source: bitcoin.com