BlockBeats news, on August 9, reported by The Block, according to the disclosed documents on Friday, Harvard University's portfolio held a BlackRock spot Bitcoin ETF valued at $117 million at the end of the second quarter.
This Bitcoin ETF investment ranks as the fifth largest holding for the school, slightly above its investment in Google’s parent company, Alphabet. The documents show that Harvard held nearly $114 million worth of Alphabet stock at the end of that fiscal quarter.
The portfolio of this Ivy League school is managed by Harvard Management Company. At the end of the last quarter, its largest holding was Microsoft stock, valued at over $310 million.