Microstrategy Makes Fresh Purchase of $650 Million Worth Of Bitcoin

The world’s largest independent publicly-traded business intelligence company, MicroStrategy, has completed the purchase of 29,646 more Bitcoins for approximately $650 million. $1 Billion Worth Of BTC Purchased In 2020 MicroStrategy revealed this latest purchase in a press release today and revealed more information on their current asset holdings. According to the investment firm, the latest purchase was in cash according to its treasury reserve policy. In total, this latest round of Bitcoin investments aggregated out to $650 million, including fees…

MassMutual Insurance Company Purchases $100 Million worth of Bitcoin

American insurance firm Massachusetts Mutual Life Insurance (MassMutual) has revealed the purchase of $100 million worth of Bitcoin (BTC). According to reports from local media, MassMutual made the Bitcoin purchase via the New York Digital Investment Group (NYDIG). Besides, NYDIG agreed to sell a minority stake to MassMutual in a deal worth around $5 million. NYDIG is a top Bitcoin financial services company and has over $2 billion digital assets in its custody. MassMutual is considered one of the US's…