Stanford University and Bitcoin

Stanford’s Blyth Fund Dives into Bitcoin with 7% Portfolio Allocation

In a strategic move, Stanford University’s student-led Blyth Fund has allocated a significant portion, approximately 7%, of its investment portfolio to Bitcoin (BTC). Spearheaded by Kole Lee, a leader in Stanford’s Blockchain Club, the decision to invest in Bitcoin followed Lee’s compelling pitch to the fund, advocating for exposure to BlackRock’s spot Bitcoin ETF. With Bitcoin’s price at $45,000, the Blyth Fund’s bold move underscores a growing acceptance of cryptocurrencies among academic institutions.

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