Brown University Doubles Bitcoin Stake to $13 Million via BlackRock ETF

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.

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