{"id":1769,"date":"2024-10-28T18:49:08","date_gmt":"2024-10-28T18:49:08","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1769"},"modified":"2024-10-28T18:49:08","modified_gmt":"2024-10-28T18:49:08","slug":"emory-university-follows-tesla-block-and-paypal-with-16m-bitcoin-investment","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1769","title":{"rendered":"Emory University Follows Tesla, Block And PayPal With $16M Bitcoin Investment"},"content":{"rendered":"<div>\n<p><strong>Emory University <\/strong>has disclosed <a href=\"https:\/\/www.benzinga.com\/topic\/bitcoin-etf\">a $16 million investment<\/a> in the <strong>Grayscale Bitcoin Mini Trust<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BTC#NYSE\">BTC<\/a>), placing it among the first higher education institutions to dive into <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) holdings.<\/p>\n<p>This move follows a trend set by corporate giants like <strong>Tesla<\/strong>, <strong>Block Inc.<\/strong> (formerly Square) and <strong>PayPal<\/strong>, which have each added Bitcoin to their balance sheets in recent years.<\/p>\n<p>The university&#8217;s recent SEC <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1377635\/000137763524000025\/xslForm13F_X02\/usethisfile13F.xml\">filing<\/a> shows it has acquired about 2.7 million shares in the Grayscale trust, underscoring growing institutional interest in digital assets.<\/p>\n<p>Like Tesla&#8217;s notable $1.5 billion Bitcoin purchase in 2021\u2014partially sold later to stabilize holdings\u2014Emory&#8217;s investment signals confidence in the cryptocurrency&#8217;s potential as an alternative asset class. <\/p>\n<p>Block &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41584282\/emory-university-follows-tesla-block-and-paypal-with-16m-bitcoin-investment\" alt=\"Emory\" university follows tesla block and paypal with bitcoin investment>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Emory University has disclosed a $16 million investment in the Grayscale Bitcoin Mini Trust (NYSE:BTC), placing it among the first higher education institutions to dive into Bitcoin (CRYPTO: BTC) holdings. This move follows a trend set by corporate giants like Tesla, Block Inc. (formerly Square) and PayPal, which have each added Bitcoin to their balance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1769","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1769"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1769\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}