Damus
Bitcoin Well profile picture
Bitcoin Well
@bitcoinwell
Harvard just trimmed 21% of its Bitcoin position to rotate into Ethereum.

This is the same endowment that underperformed a 60/40 portfolio for twenty years and missed every major tech shift since the 90s.

Meanwhile, Italy’s largest bank, Intesa Sanpaolo, just disclosed a $100M Bitcoin position.

One institution is trading for the next quarter; the other is positioning for the next century.

Choose your signal wisely.
42❤️9🤙1🫡1
Decades Not Days · 1w
Quarterly accountability produces quarterly behavior. It takes a brave person or group of people at these institutions to stomach short term pain in favour of long-term value
GuyFawkes · 1w
Hey, they bought high and sold low. Well done.