Harvard Invests $116M in BlackRock's Bitcoin ETF — Major Institutional Move

Harvard University, via its endowment fund managed by the Harvard Management Company, has revealed a new investment in the BlackRock iShares Bitcoin Trust (IBIT).

By June 30, the fund had acquired around 1.9 million shares worth $116.7 million, making it one of Harvard’s top five equity positions — surpassing even its holdings in Alphabet.

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