The University of Brown, one of the oldest higher education institutions in the US is purchased Bitcoin according to submission of the new 13F.
The submission shows that it belonged to 105,000 Blackrock Ishares Bitcoin Trust ETF (IBIT) shares as of March 31.
Namely, the third US university from Brown University will become the University of Emory University and Austin University (UATX) after Bitcoin. Namely, this is the first IVY League institution jumping on the Bitcoin wagon. It was recently ranked Among the top ten colleges in the US.
The Rhode Island Research University is a delicacy of $ 7.2 billion. In 2024 it was 11.3% ($ 728 million). The Endowment is diversified in terms of private capital, fixed income, real estate and short -term investments.
The decision of the University of Brown through Bitcoin Ibit shows that the leading cryptocurrency has gained significant traction in institutional acceptance.
Ibit's huge influx
In the meantime, Ibit has now registered a total of 13 days in a consecutive influx. If reported u.todayIt introduced nearly a billion dollars on April 28 in one day.
