Emory University, located in Atlanta, has disclosed a significant investment in cryptocurrency, holding approximately 2.7 million shares of the Grayscale Bitcoin Mini Trust, valued at about $15.1 million, according to an SEC filing dated October 25.
This positions Emory as one of the few educational institutions to invest in such crypto assets, joining a trend observed among some pension funds in Wisconsin and Jersey City that have also ventured into crypto-based exchange-traded products (ETFs).
The Grayscale Bitcoin Mini Trust, launched in July, is designed to provide passive exposure to Bitcoin prices and is a spin-off of the Grayscale Bitcoin Trust (GBTC).
By offering a lower share price, it allows investors to gain more accurate exposure to Bitcoin’s price movements.
Additionally, Emory reported holding 4,312 shares of Coinbase, valued at $768,269, with Coinbase serving as the custodian for Grayscale’s Bitcoin assets. The data reflects Emory’s investment portfolio as of September 30,
Charles Edwards, founder and CEO of Capriole Investments, has offered a fresh perspective on Bitcoin’s stalled price movement near the $100,000 mark, despite growing institutional enthusiasm.
The first week of July brings several important developments in the United States that could influence both traditional markets and the cryptocurrency sector.
Metaplanet has expanded its Bitcoin treasury with a new acquisition of 1,005 BTC valued at approximately $108.1 million, further cementing its status as one of the largest corporate holders of the digital asset.
Ric Edelman, one of the most influential voices in personal finance, has radically revised his stance on crypto allocation. After years of cautious optimism, he now believes that digital assets deserve a far larger share in investment portfolios than ever before.