Meanwhile Insurance Bitcoin (Bermuda) Limited has become the first company to release externally audited financial statements denominated entirely in Bitcoin.
The company reported 220.4 BTC in assets and 25.29 BTC in net income for 2024, a 300% year over year increase.
Meanwhile's financial statements were audited by Harris & Trotter LLP and comply with Bermuda’s Insurance Act 1978.
Meanwhile offers a Bitcoin Whole Life insurance product and plans to expand globally in 2025.