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BTC

Harvard Economists Shift Bet on Bitcoin's Future from $100K to $117M ETF Investment

Previously, Harvard economists believed that the likelihood of Bitcoin reaching $100 was higher than it hitting $100,000. However, recently, the same university purchased BTC worth $117 million through an ETF from a price of $116,000. This shift highlights a significant change in perspective and confidence in Bitcoin's growth potential.
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AI Analysis

This development reflects a notable change in the stance of Harvard economists regarding Bitcoin's valuation. Initially skeptical about Bitcoin reaching $100,000, their recent substantial ETF investme...

AI Recommendation

Given this shift in perspective and the substantial ETF investment, I recommend considering a cautious increase in Bitcoin exposure for portfolios seeking growth potential aligned with institutional c...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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