Wind direction indicator changes dramatically! Harvard University bets 2-to-1 on Bitcoin over gold, ushering in a new era of institutional demand

Harvard University, a world-leading institution with tens of billions of dollars in endowment funds, is causing market upheaval with subtle shifts in its investment strategy. On December 8, Bitwise CIO Matt Hougan revealed that Harvard Management Company (HMC) significantly increased its Bitcoin investment exposure from $117 million in Q2 to nearly $443 million in Q3, while its allocation to gold ETFs also rose from $102 million to $235 million. Key data shows that Harvard’s allocation to Bitcoin has reached a 2-to-1 ratio compared to gold, clearly indicating that, against the backdrop of “fiat currency devaluation trades,” this Ivy League school now favors “digital gold” far more than traditional gold. This landmark event could become a key catalyst for other large institutions on the sidelines to enter the market.

Asset allocation revolution at a top university: Inside Harvard’s investment portfolio
As one of the largest and most high-profile university endowment funds in the world, every move by Harvard Management Company has always...