Bitcoin Insurance Firm Holds $220 Million BTC Treasury, Signaling Institutional Acceptance

A groundbreaking development in the world of insurance has emerged with Meanwhile Insurance Bitcoin reporting a staggering $220 million USD treasury in Bitcoin (BTC). This achievement signifies a significant milestone in the adoption of cryptocurrency within regulated financial sectors. The company, overseen by CEO Zac Townsend, has become the first global company to secure an external audit for its BTC-based financial statements. This move marks a critical step towards reimagining the financial system with decentralized, global standards outside government control.