The University of Austin is launching a Bitcoin-based fund worth over $5 million with a five-year HODL strategy. The institution is investing in cryptocurrency as part of its $200 million fund, confident in its long-term value 🚀

The University of Austin is launching a unique Bitcoin-based investment fund, allocating more than $5 million from its $200 million fund. The university follows a long-term investment strategy, planning to hold the assets for at least five years, based on expectations of cryptocurrency growth. This move reflects the growing interest of U.S. educational institutions in digital assets, as evidenced by similar investments, such as Emory University, which acquired more than $15 million in Bitcoin through an ETF. Cryptocurrency investments are also becoming relevant among youth pension funds, with 40 percent of people under 30 having already invested in cryptocurrencies.