Harvard University has increased its exposure to bitcoin by an impressive 280% in just three months. BTC has become the largest position in the university's investment portfolio.
Harvard has $442 million in ETFs on BTC.
Bitcoin has surpassed Microsoft and Amazon in the university's portfolio.
BTC is number one in Harvard's portfolio.
Bitcoin spot ETFs have allowed institutions easy and secure access to the digital asset market. Harvard has taken advantage of this opportunity exceptionally intensively — a report to the SEC revealed that at the end of Q3, the university had over $442 million in shares of the IBIT fund from BlackRock.
This is an increase of as much as 280% compared to the previous quarter, when this value was 116 million USD. As a result, bitcoin has outpaced traditional technology giants: Microsoft (322.8 million USD) and Amazon (235.18 million USD).
Analysts emphasize that obtaining approval for investment in ETFs by a perpetual fund from such a prestigious university is extremely difficult. It's not just a financial decision, but also a symbol of strong institutional acceptance of bitcoin.
Harvard shows that "digital gold" is becoming a fully-fledged asset in long-term, conservative investment portfolios.
