Harvard Doubles Down on Bitcoin: Significant Investment Signals Market Acceptance

Harvard University has taken a significant step in the world of digital assets by significantly increasing its Bitcoin exposure through BlackRock’s iShares Bitcoin Trust (IBIT). The move, which involves a US$443 million investment tripling their previous holdings, highlights a crucial intersection between traditional finance and the cryptocurrency market. The decision is notable, particularly given how traditionally cautious institutional endowments are regarding speculative assets.