Austin University Launches $5M Bitcoin Fund with 5-Year Holding Strategy
Austin University Launches $5M Bitcoin Fund with 5-Year Holding Strategy
A $5 million Bitcoin (BTC) fund has been launched by the University of Austin, marking a significant step toward institutional cryptocurrency adoption. The program, which is a component of the university's $200 million endowment fund, highlights how Bitcoin is becoming more widely accepted in American educational institutions.
In keeping with its strategic commitment to the asset's long-term growth potential, the university intends to hold Bi...
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