Harvard University's investment portfolio surprised the public after official SEC data showed that the most prestigious university in the US now holds Bitcoin worth US$443 million, far exceeding its gold allocation of only US$235 million.

This move triggered a response from Bitwise CIO, Matt Hougan, who urged the market to truly digest Harvard's decision. According to him, Harvard's decision to allocate a 2:1 larger portfolio to Bitcoin compared to gold is a significant signal of a change in strategy for global institutions.

Harvard is known to invest through BlackRock's Bitcoin ETF (IBIT) for crypto exposure, while its gold position is managed through State Street Global Advisors' SPDR ETF.

What is even more interesting, Bitcoin has now become the largest asset in Harvard's portfolio, even surpassing giant stocks such as:

Microsoft: US$322 million

Amazon: US$235 million

Alphabet (Google): US$157 million

Harvard's move further emphasizes the trend of large institutions that are starting to shift their focus from gold to Bitcoin as a modern store of value.

Stay tuned for more market updates and analyses.

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