The university endowment fund will aim for a strategy of at least five years of Bitcoin, citing its long -term capabilities.
Austin University launches a Bitcoin Investment Fund of its kind, offering the increasing Bitcoin adoption among US institutions.
The University of Austin will raise the Bitcoin Fund (BTC) with a value of more than $ 5 million, as part of the Foundation’s Endowment Fund of $ 200 million.
“We don’t want to fall behind when [cryptocurrency’s] Chun Lay, chief investment official in the Corporation, said, according to Chun Lay, the chief investment official in the institution, according to February 9. a report.
Read more
