Bitwise CIO Matt Hougan tweeted that in the third quarter, Harvard University significantly increased its Bitcoin investment from $117 million to $443 million, while also raising its gold ETF allocation from $102 million to $235 million. Harvard has chosen to bet on currency devaluation trades, preferring to allocate to Bitcoin over gold by a ratio of 2:1. $BTC
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Bitwise CIO Matt Hougan tweeted that in the third quarter, Harvard University significantly increased its Bitcoin investment from $117 million to $443 million, while also raising its gold ETF allocation from $102 million to $235 million. Harvard has chosen to bet on currency devaluation trades, preferring to allocate to Bitcoin over gold by a ratio of 2:1. $BTC