News from the hallowed halls, and goodness me, the dons at Brown University have dropped their monocles into their morning tea! Word is out that the esteemed Ivy League institution has plucked a cool 105,000 shares of a Bitcoin ETF off the proverbial shelf, which, just to keep the mathletes awake at night, now comprises roughly 2.3% of their $216 million stash of reported equity holdings. 💰🧐
This, dear reader, is no small sherry-fuelled flutter. Brown’s foray into digital assets may cause the portrait of the university’s founder to raise a quizzical eyebrow—or three. Brown has lined up alongside that motley crew of banks, pension funds, and other suits who want to dip a pinky into the Bitcoin punch bowl without the indignity of getting digital crumbs between their velvet couch cushions.
The filings positively waft with the scent of old money discovering innovation—while clutching regulatory compliance close to the tweed vest, of course. Bitcoin, it seems, is now socially acceptable at cocktail parties on College Hill, provided it’s served as an ETF hors d’oeuvre and not in its raw, anarchic form. Cheers to that! 🥂🚀
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2025-05-04 00:50