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Breaking: Metromile Insurance to buy $10 M in Bitcoin and Add Bitcoin Payment Option

source-logo  coingape.com 06 May 2021 16:56, UTC

Metromile, the digital insurance firm has become the latest public insurance company to add Bitcoin to its balance sheet as it announced that it would be buying $10 million in Bitcoin in the second quarter of this year. Apart from adding Bitcoin to their balance sheet, it would also allow customers to pay premiums for their insurance in Bitcoin, making them the first company to do both.

coingape.com