10M
...
Stanford University’s student-run Blyth Fund has caught the attention of investors and Bitcoin enthusiasts alike with its recent decision to allocate a significant portion of its portfolio to bitcoin. This move signals a growing trend of institutional interest in digital assets, reflecting a shift in traditional investment strategies.
Stanford’s Blyth Fund Embraces Bitcoin
Under the leadership of Computer Science Major Kole Lee, Stanford’s Blyth Fund has committed 7% of its portfolio to bitcoin. Lee’s persuasive pitch highlighted the potential benefits of bitcoin as a diversified investment, emphasizing its role as a hedge against economic uncertainties.
Lee stated:
“The Blyth…
Read more on bitcoinnews