Harvard Ends Bitcoin Selloff, Maintains $101M Stake

Harvard University's endowment has reversed its trend of selling off Bitcoin, choosing to hold onto its shares in BlackRock's iShares Bitcoin Trust (IBIT). The institution maintained 3,044,612 shares valued at $101.4 million during the second quarter of this year.

This marks a change from the previous two quarters, where significant reductions were made. According to available data, the endowment's gold holdings have surpassed its Bitcoin allocation, totaling $171.2 million.