Harvard & Bitcoin: What a Mess 🙄

A Curious Affair

Concerning Harvard’s Investment…

So, Harvard has seen fit to wager a rather substantial sum – four hundred and forty-two million, to be exact – on this… Bitcoin. One wonders if they consulted the Bursar. A clear sign of confidence, they say. Or perhaps a particularly ambitious game of high stakes poker. 🤔

And What of Opportunities for Us?

A rather predictable dance, wouldn’t you agree? While the grand institutions dabble, the small folk rush for the exits. A “dip,” they call it. For some, a catastrophe; for others, a chance to snatch up a few digital pennies. It’s all very dramatic.

Bitcoin [BTC], it seems, continues to offer such moments. It’s fallen from its lofty perch of $126,000, back to… well, let’s just say it’s a little less ostentatious now. This, naturally, has created a certain discord in the marketplace, a split, as AMBCrypto puts it. A split! As if the world isn’t fragmented enough. 🤷

Harvard’s Gamble & the ETF’s Woes

The market, naturally, is oscillating between the predictable anxieties of fear and the vulgar excesses of greed. Such a tiresome spectacle.

It appears the discerning investors are quietly accumulating these… Bitcoins, while those less certain are making a hasty retreat via ETF redemptions. Bloomberg informs us that Harvard, in its wisdom, has acquired a sizeable portion through BlackRock’s IBIT BTC ETF. More than they spend on, I presume, actual books.

Four hundred and forty-two million dollars’ worth, to be precise. It even surpasses their holdings in those rather fashionable “Magnificent Seven” stocks. One suspects Professor Higgins would have something pointed to say about all this.

In short, the long-term believers remain, stubbornly clinging to their digital illusions. It’s all very… committed.

And a whale, apparently, a rather large one, has recently purchased 251 BTC – a mere $24.18 million, of course. Bringing its total holdings to a rather substantial 4,169 BTC, which they acquired at a cost basis of $96,345 per BTC. One can only imagine the ledger entries.

Harvard’s investment, naturally, amplifies the fervor. While the common investor expresses caution, Harvard proclaims its faith. Could this be the definitive endorsement that these ETFs so desperately crave? A rather pathetic display of seeking approval, if you ask me. 😒

A Temporary Setback or Something More?

BlackRock’s Bitcoin ETF (IBIT) finds itself in a rather unfortunate predicament – it’s lost some luster, shall we say.

Farside data reveals outflows in nine of the past two weeks, totaling around $2 billion. A clear sign of panic, no doubt. The weak-hearted scurrying for cover. It all seems rather… predictable.

Yet, those with a longer view, those patient souls, are stepping in. They see this “dip” as a… opportunity. A predictable split, really. Twenty-year money versus twenty-day money. The age-old story of patience versus impulsiveness. 🙄

Harvard’s stake, as one might expect, is a rather potent validation for the ETF. A powerful endorsement, if you will.

Despite the recent volatility, Bitcoin’s annual return is a rather modest 2.62%, a rather unimpressive showing, even by my standards. It has, however, managed to touch new heights. Consequently, the “split” continues to present a tempting “opportunity” for those inclined to gamble.

2025-11-17 03:09

A Curious Affair

Concerning Harvard’s Investment…

And What of Opportunities for Us?

Harvard’s Gamble & the ETF’s Woes

A Temporary Setback or Something More?

Read More