Scientists from the prestigious American Harvard University made a mistake by rushing to invest in Bitcoin.
According to a filing with the U.S. Securities and Exchange Commission, Harvard Management Company, which manages the educational institution’s investment portfolio, purchased 4,9 million shares in the third quarter of 2025. bitcoin ETF BlackRock’s iShares Bitcoin Trust (IBIT) and held $442,9 million worth of shares in the derivative as of September 30.
Cryptocurrency derivatives account for 21% of Harvard University’s assets. Microsoft shares are second, accounting for 15,3% of the total, while Amazon and gold are tied for third, each accounting for 11,2%.
Part of Harvard’s investment portfolio
Despite their academic knowledge, university employees failed to purchase shares in time. bitcoin ETFJudging by the digital asset’s price fluctuations in the third quarter, Harvard’s investment in derivative shares resulted in unrealized losses of at least 11%. Moreover, the size of the financial losses will increase even further, as the bearish trend in the cryptocurrency market will continue and is unlikely to end before the fall of 2026.