Brown University Invests in Bitcoin, Joins Ivy League Trend

Brown University, a prestigious institution known for its academic excellence, has made a significant move in the world of finance. According to a recent SEC filing, the university acquired a substantial stake in Bitcoin through iShares Bitcoin Trust ETF (IBIT), owning approximately $5 million worth of shares as of March 31st. This marks Brown University as the first Ivy League institution to embrace Bitcoin investment.