MassMutual buys $100M in Bitcoin, bets on institutional adoption with $5M NYDIG stake

posted about 2 months ago
Massachusetts Mutual Life Insurance Co. is jumping into the institutional bitcoin game with a $100 million investment in bitcoin and a $5 million equity stake in NYDIG.

MassMutual told the Wall Street Journal it was seeking “measured yet meaningful” exposure to an increasingly digital world.
Tags: bitcoin, news