MassMutual purchases $100 million in Bitcoin

Large established companies continue to pile into Bitcoin: MassMutual, the 169-year old Life Insurance company, has just purchased $100 million dollars worth of Bitcoin (BTC) Bloomberg reports. This follows recent investments by BI firm MicroStrategy purchasing $425 million dollars worth and other companies like Square also purchasing $50 million worth. Unlike the initial euphoria of 2016-2017, 2020 has seen institutional investors, regulators and Wall Street all support Bitcoin’s potential into the future. More here: https://www.bloomberg.com/news/articles/2020-12-10/169-year-old-insurer-massmutual-invests-100-million-in-bitcoin?sref=0gec23Wd