Brown University has doubled its exposure to Bitcoin by purchasing additional shares of BlackRock’s iShares Bitcoin Trust (ticker IBIT), bringing the Ivy League institution’s total position to about $13 million
Brown University has doubled its exposure to Bitcoin by purchasing additional shares of BlackRock’s iShares Bitcoin Trust (ticker IBIT), bringing the Ivy League institution’s total position to about $13 million.
Portfolio-tracking data indicate the university added roughly $6.5 million of the spot Bitcoin exchange-traded fund, lifting its holdings to 212,500 shares.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
Source: https://thedefiant.io/news/tradfi-and-fintech/brown-university-doubles-bitcoin-stake-to-13-million-via-blackrock-etf-9f199319