Bitcoin's adoption as a corporate reserve asset continues to expand beyond tech treasuries. A Bermuda-based insurer backed by Sam Altman has just raised $37.5 million in a round led by Bain Capital Crypto, driven by demand from high-net-worth families around the world. This move highlights how traditional financial infrastructure is beginning to operate according to crypto-native standards. What to watch: the expansion of this model into other jurisdictions and its impact on the institutional legitimization of BTC. 🌐💼📈
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On the radar:
$BTC