Harvard trims bitcoin stake and backs ether
Harvard Management Company has reduced its exposure to bitcoin-linked holdings by about 20 per cent while initiating a new position tied to ether, signalling a recalibration of its digital asset strategy amid shifting market dynamics and valuation pressures. Regulatory filings show that the endowment’s investment arm pared back its stake in BlackRock’s iShares Bitcoin Trust during the latest reporting period, cutting the value of its holding from […]