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Mass Mutual’s $100 million investment isn’t “speculation”: https://www.investopedia.com/decoding-insurance-giant-massmutuals-bitcoin-investment-5092586 https://
by alwillis 6y ago
Mass Mutual’s $100 million investment isn’t “speculation”: https://www.investopedia.com/decoding-insurance-giant-massmutuals-bitcoin-investment-5092586 https://www.investopedia.com/decoding-insurance-giant-massmu...
Michael Saylor invested $425 million of his company’s treasury into bitcoin and then issued $600 million in debt to buy more bitcoin.
The podcast is worth a listen to understand why MicroStrategy and other companies are using bitcoin to preserve value: https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489 https://podcasts.apple.com/us/podcast/we-study-billionaires-...
- Closi 6y ago> Mass Mutual’s $100 million investment isn’t “speculation” Of course it is speculation - in fact it is pretty much the book definition of speculation (The purchase of an asset with the hope that it will become more valuable in the near future). There are no dividends and there is no interest and any RoI is solely derived from the asset value increasing - so if it's not speculation then what is it?