Quick take: MassMutal Life Insurance recently purchases $100 million in Bitcoin Insurance companies are known to avoid unnecessary risks The 169-year-old insurance company buying Bitcoin is a sign that BTC is no longer a ‘risk-off’ asset Bitcoin being sold now by miners and retail traders is increasingly being scooped up by institutional investors The herd of institutional investors has truly arrived in the crypto-verse. Late yesterday, it was announced that the Massachusetts Mutual Life Insurance Company (aka MassMutual) recently purchase […]
