Harvard University has defied predictions of Bitcoin’s decline by investing a significant $116 million in the cryptocurrency at a price point of $116,000 per coin. This move now sees Harvard holding more Bitcoin than gold. Back in 2018, an economist at Harvard made headlines predicting Bitcoin would drop to $100 rather than soar to $100,000, reflecting skepticism about the cryptocurrency’s long-term potential. Fast forward to 2025, and this move has flipped that prediction on its head. The reasons for this shift include institutional adoption of Bitcoin as a store of value, rising inflation concerns, and the desire for portfolio diversification beyond traditional assets like gold.