University of Austin bets on Bitcoin with a $5m long-term investment fund

The University of Austin will establish a Bitcoin investment fund to explore the long-term potential of digital assets within its endowment strategy. According to a Financial Times report, the 142-year-old University of Austin is raising a $5 million Bitcoin fund as part of its $200 million endowment, making it the first U.S. university endowment to […]
Austin University to launch $5M Bitcoin fund with 5-year HODL strategy: Report
The university’s endowment fund will aim for a minimum five-year Bitcoin holding strategy, citing its long-term potential. Source link