Bitcoin: Allianz’s Monumental Shift Towards a Credible Store of Value

Bitcoin: Allianz’s Monumental Shift Towards a Credible Store of Value

BitcoinWorld Bitcoin: Allianz’s Monumental Shift Towards a Credible Store of Value In a significant reversal that echoes across the financial world, Allianz, the German-based global insurer managing a staggering $2.5 trillion in assets, has officially shifted its long-held position on Bitcoin. Once...

Allianz endorses Bitcoin as a ‘credible store of value,’ shifting from 2019 anti-crypto stance

Allianz declared Bitcoin (BTC) a “credible store of value” in a recent investment report, marking the first time the $2.5 trillion asset manager has endorsed digital assets as a legitimate institutional investment. The report, titled “Bitcoin and Cryptocurrencies: The Future of Finance,” represents a dramatic shift from Allianz’s 2019 policy against Bitcoin investments.  The German investment giant now characterizes Bitcoin’s evolution from “an …

Allianz endorses Bitcoin as a ‘credible store of value,’ shifting from 2019 anti-crypto stance - Coin Surges

Allianz declared Bitcoin (BTC) a “credible store of value” in a recent investment report, marking the first time the $2.5 trillion asset manager has endorsed digital assets as a legitimate institutional investment. The report, titled “Bitcoin and Cryptocurrencies: The Future of Finance,” represents a dramatic shift from Allianz’s 2019 policy against Bitcoin investments.  The German investment giant now characterizes Bitcoin’s evolution from “an …