Polish Insurance Titan Makes Bold Bitcoin Play—Traditional Finance Shrugs
In a move that’s either visionary or recklessly trendy, Poland’s largest insurer just doubled down on crypto—allocating undisclosed millions to Bitcoin. Because nothing says ’stable risk management’ like volatile digital assets, right?
While legacy banks still debate blockchain’s merits, this heavyweight skipped the talk and went straight for the decentralized jugular. No hedging, no ETFs—just cold, hard BTC on their balance sheet.
Will this trigger a domino effect across conservative European finance? Unlikely. But it sure makes their 3% yield bonds look prehistoric.