Wall Street's embrace of bitcoin continues

• The investment is a drop in the bucket for a company that controls $235 billion in its general investment fund, as the Wall Street Journal noted.
• However, MassMutual is the latest in a string of big players buying into bitcoin’s “digital gold” narrative. 

The big picture: Wall Street stalwarts started warming to the original crypto coin in recent months at a time when rampant stimulus could drive inflation, and established investors like Stanley Druckenmiller, Bill Miller and others made public statements on bitcoin’s utility as a store of value.

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Go deeper: Read coverage of MassMutual's investment on Coindesk