Insurance company buys $100M of Bitcoin

Massachusetts Mutual Life Insurance has purchased $100M of Bitcoin it was revealed today. About a one minute read. Active twitter thread below.

Comment: its one thing when Investment Banks are moving into Bitcoin but a heavily regulated Insurance Company, a so-called “Institutional Investor”, staid conservative, slow moving? Well the times, they-are-a-changing. Got Bitcoin?

We started as nerds in our parents’ basement and now we’re a club pic.twitter.com/ScspqjeCAe

— Hailey Lennon (@HaileyLennonBTC) December 10, 2020