Stanford Students Allocate 7% of Portfolio to Bitcoin
The student-managed Blyth investment fund at Stanford has incorporated digital gold into its portfolio via BlackRock’s IBIT, allocating a 7% share. Stanford Endowment has bought Bitcoin at 45k. In February, pitched IBIT to Blyth Fund, the student-run fund which manages a portion of Stanford’s Endowment. Bitcoin is now ~7% of the portfolio. Here’s the pitch […]