Brown University has significantly expanded its investment in Bitcoin, purchasing additional shares of BlackRock’s iShares Bitcoin Trust (IBIT). The Ivy League school added about $6.5 million worth of the spot Bitcoin ETF, according to portfolio-tracking data, raising its total position to roughly $13 million.

The latest move increases Brown’s holdings to 212,500 IBIT shares, signaling growing confidence in cryptocurrency’s long-term potential. This bold step places the university among prominent institutional investors embracing Bitcoin exposure, reflecting a broader trend of digital assets gaining acceptance in traditional finance circles.

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