Bitwise CIO: Harvard University Increases Bitcoin Investment to $443 Million, Allocation Higher Than Gold

BlockBeats News, December 8, Bitwise CIO Matt Hougan tweeted that Harvard University significantly increased its Bitcoin investment from $117 million to $443 million in the third quarter, while also raising its gold ETF allocation from $102 million to $235 million. Harvard chose to bet on currency devaluation trades and is more inclined to allocate to Bitcoin rather than gold at a 2:1 ratio.