Bitcoin has been growing in popularity day by day since its inception. We have already seen that Bitcoin can be traded freely in many countries and some countries have already declared it as legal tender. One of them is El Salvador, which first declared Bitcoin as legal tender. This may be the first time we have seen a university investing.
The private research university in Atlanta, Georgia disclosed that it owned $15 million worth of Grayscale Mini Trust shares as of Sept. 30.
The university made the disclosure in a Securities and Exchange Commission (SEC) filing today. In terms of number of shares, Emory owns 2.678 million shares in Grayscale Mini.
This is the first time a university has admitted and reported ownership of BTC, which crypto enthusiasts think is "impressive" for a university five times smaller than Harvard
https://www.cryptopolitan.com/emory-university-owns-15-million-of-grayscale-mini-trust/This is so interesting to hear about, that an academic institution of learning is investing in bitcoin, i don't know maybe it was the fact that its being a private university that helped it get to this or because of being a research institution, but whichever way be the reason for them to have made it a decision over bitcoin investment, this shows they have a very big future ahead and this decision will help them along the way to make their goals come to be.
I also think it's a great step but stuffs like this don't tend to move me anymore because all these were bound to happen as time goes because Bitcoin has always found a way to silence it critics. I mean if a whole country can actually divert their finances and put on Bitcoin then definitely other organizations too can do it . And please don't forget the number one rule as an investor especially with Bitcoin as it is clear that if the Bitcoin isn't held by your own key then it definitely not yours.