why-a-massive-169-year-old-insurance-company-just-bought-$100m-in-bitcoin

Why a Massive 169-Year-Old Insurance Company Just Bought $100M in Bitcoin

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Why a Huge 169-Year-Archaic Insurance coverage Firm Upright Sold $100M in Bitcoin

MassMutual turns into basically the latest launched institutional buyer of bitcoin, and this one also shall be well-known extra valuable when it involves precedent. 

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This episode is subsidized by Crypto.com, Nexo.io and this week’s special product delivery LVL.co.

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Our main discussion: Why MassMutual equipped $100 million in bitcoin and why it matters.

In this episode, NLW appears to be like at recent recordsdata that MassMutual had purchased $100 million in bitcoin for its customary fable, apart from to made a $5 million minority investment in $2.3 billion asset supervisor NYDIG, which helped facilitate the bitcoin bewitch. He discusses why insurance coverage company purchases are pretty about a than pretty about a institutional patrons love MicroStrategy, and why this also shall be the origin of a extra valuable alternate constructing.

For extra episodes and free early earn correct of entry to sooner than our well-liked 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

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