MassMutual invests $100 million in Bitcoin!
In another super bullish news about crypto adoption, MassMutual, a 169 year old company has invested about $100 million into Bitcoin. This amount actually only represents about 0.04% of the company's general investment account but nevertheless it's a huge amount to make news and move markets! https://www.wsj.com/articles/massmutual-joins-the-bitcoin-club-with-100-million-purchase-11607626800 MassMutual joins hands along with several other corporate giants like Microstrategy and Square to lead the institutional adoption of Bitcoin and crytpo currencies. Hope more and more companies follow suit!
2 comments
THE big news of the day ! Crazy
Huge news of the day! I think we will see more and more institutions adopting crypto in 2021!