The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Brown University has joined the ranks of academic institutions investing in Bitcoin, with a $4.9 million stake in BlackRock’s iShares Bitcoin ETF (IBIT). This move follows similar investments by Emory University and the University of Austin (UATX), signaling growing institutional interest in crypto assets.
- Brown University holds 105,000 shares of BlackRock's IBIT Bitcoin ETF, valued at $4.915 million in SEC filing.
- Emory University and UATX have also invested in Bitcoin ETFs, with UATX allocating $5M to a BTC endowment fund.
- UATX's Chad Thevenot compares crypto investments to stocks and real estate, emphasizing long-term value potential.
📎 Read the original article on dailyhodl.com
Other Tags: Bitcoin ETF
