Brown University is now Bitcoin investor (BTC).
IVY League 105,000 shares from the IBITROCK (IBIT) fund. presentation It was submitted to the US Securities and Stock Exchange Committee (SEC).
The deposit is estimated at $ 4.915 million, although Ibit price At $ 55.19 per share at the time of writing this report, this total is now worth $ 5.79 million.
Braun’s investment follows two other remarkable example of higher educational institutions that buy BTC.
Emory University, a special research institution in Atlanta, owns 2,678,906 shares of Bitco Mini Trust investment funds, for each a presentation I came to SEC last year.
The school also bought 4312 shares from the Crypto Excination Coinbase.
And the University of Austin, which recorded its first group last fall, Declare Last year, he planned to invest in a long -term gift fund worth $ 5 million in Bitcoin.
Chad Thievinot, the first vice president of the progress, says the university’s views that invest in the assets of encryption in the same way that you see investment in other assets classes.
“We believe that there is a long -term value there, in the same way that we may think there is a long -term value in stocks or real estate.”
Bitcoin is trading at 96,723 dollars at the time of this report and more than 2 % rise in the past seven days.
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