Ivy League Goes Full Crypto: Brown University Drops 9-Figure Bitcoin Bet
Wall Street’s old guard just got schooled. Brown University—yes, the one with the endowment that could buy a small country—just parked a chunk of change in Bitcoin. No ETFs, no intermediaries, just cold hard BTC hitting their treasury.
Why this matters: When elite institutions dive in, regulators lose sleep. This isn’t some meme-stock hedge fund—it’s a 258-year-old institution calling Bitcoin ’strategic’ with a straight face.
The kicker? They timed it perfectly right before the next halving. Guess those Ivy League math departments are good for something after all—unlike the Fed’s inflation models.
$96,163 Trust (IBIT) fund. This revelation was made through a 13F form submitted to the U.S. Securities and Exchange Commission (SEC). This makes the Boston-based university the third American institution of higher education, following Emory and Austin University, to publicize direct Bitcoin holdings. The announcement, coinciding with data revealing a shift of capital from gold to Bitcoin during a lull in the precious metal’s rally, has brought the focus back on Bitcoin, dubbed “digital gold.”
ContentsBitcoin Now Part of Brown University’s Asset PoolMarket Reaction to Brown University’s Move
Bitcoin Now Part of Brown University’s Asset Pool
Since its founding in 1764, Brown University has built an endowment fund exceeding $7 billion, standing out with its diversified asset pool. With the latest addition, this pool now includes Bitcoin.
The IBIT fund has grown to hold 607,000 BTC over the past year, boasting an asset value exceeding $58 billion. The university’s relatively small but symbolic investment claims a share of this expanding pie. Brown’s name, steeped in Cambridge and Ivy League traditions, is seen in the corporate world as a vote of confidence akin to ‘strategic reserve’ sentiments. Already, some market players suggest that the university may direct more of its endowment assets toward the cryptocurrency market in the future.
Market Reaction to Brown University’s Move
The concentration of institutional acquisitions helped Bitcoin’s price prepare for its fourth consecutive positive weekly close since late April. According to Glassnode data, long-term Bitcoin investors have added 254,000 BTC to their holdings over the past three months, bringing their total to 14.3 million BTC.
Analysts highlight that $92,000 is a critical support level for the opening move of the 2025 bull cycle. A brief dip below this level could trigger a crunch in Leveraged long positions. However, if the current momentum persists, the possibility of retesting the 2024 peak and setting a new record remains on the table. The capital shift from gold to Bitcoin has emerged as a fundamental factor supporting the bullish scenario.
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