According to market news, Harvard University's latest disclosure document submitted to the SEC shows that after the crypto market crash caused the value of its huge bitcoin ETF holdings to shrink, the school's bitcoin ETF holdings have lost about $40 million.
The school increased its stake in the iShares Bitcoin Trust ETF last quarter, at one point approaching $500 million. Even with Tuesday's brief rally, bitcoin is still down more than 20% this quarter. If Harvard sells in early October, it may be able to avoid losses or make a small profit before the price falls further. However, its average purchase price is not disclosed.
Harvard's bitcoin portfolio is currently losing about $40 million after the market crash
2025-12-03 10:13:16
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