Harvard Doubles Down on Bitcoin Amidst Market Volatility

Despite the recent market downturn and mass sell-off of Bitcoin ETFs, Harvard University has significantly increased its exposure to the digital asset. This strategic reallocation comes as a stark contrast to the broader market mood, which is dominated by panic selling. 6.81 million shares of BlackRock’s IBIT, valued at nearly $442.8 million, represent a dramatic jump from the university’s previous holdings, placing Harvard among the top institutional Bitcoin ETF holders.