US insurer MassMutual has bought back $ 100 million in Bitcoin from NYDIG.

12月
11
2020-12-11 03:21
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According to a report by Block, on December 11, U.S. insurer MassMutual bought $ 100 million worth of bitcoin from its New York Digital Investment Group (NYDIG) for general insurance. Founded in 1851, MassMutual is an American life insurance company with 5 million clients and managing more than $ 235 billion in insurance coverage. The company also received a $ 5 million stake in NYDIG.

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Insurer MassMutual will buy $ 100 million worth of Bitcoin from NYDIG.
According to Block Report, on December 11, Massachusetts insurer MassMutual purchased $ 100 million worth of Bitcoin from NYDIG for its general insurance business. Private equity firm MassMutual holds more than $ 235 billion in insurance premiums. Reportedly, the company also received $ 5 million in equity interests in NYDIG.
2020-12-11 03:21

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