Harvard Has Almost Half a Billion Dollars in Crypto (wsj.com) 26
An anonymous reader shares a report: Harvard is ramping up its holdings in cryptocurrency. The nation's oldest university reported a $443 million investment in BlackRock's iShares Bitcoin Trust in the third quarter. The school now holds 6.8 million shares of the exchange-traded fund, up from 1.9 million in the second quarter.
The digital currency amounts to a little less than 1% of the school's $57 billion endowment. Other schools are bullish on crypto as well. Brown University reported holding $13 million of the BlackRock bitcoin ETF in the second quarter and Emory University reported holding $20 million of Grayscale's Bitcoin Mini Trust ETF as of March.
The digital currency amounts to a little less than 1% of the school's $57 billion endowment. Other schools are bullish on crypto as well. Brown University reported holding $13 million of the BlackRock bitcoin ETF in the second quarter and Emory University reported holding $20 million of Grayscale's Bitcoin Mini Trust ETF as of March.
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Trump is trying to bankrupt them.
Event + Trump = OUTRAGE!!!!!!!!!!!!!!!!!!
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Trump is trying to bankrupt them.
Event + Trump = OUTRAGE!!!!!!!!!!!!!!!!!!
But for what values of "Trump"? Here, I believe it still holds true if Trump=0, though maybe it loses a exclamation point or two?
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But for what values of "Trump"? Here, I believe it still holds true if Trump=0, though maybe it loses a exclamation point or two?
I hadn't looked at it that way. Different values applied to the "Event" variable could result in wildly different exclamation numbers. I'll need to rework that equation. It was way too early for public consumption. My bad
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Event + Trump = OUTRAGE!!!!!!!!!!!!!!!!!!
** "Event" as in "epsilon" - "insignificant or arbitrarily small positive quantity"
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Pick One (Score:3)
Re:Pick One (Score:5, Interesting)
Are they a university for research and learning or a tax-haven for investments^W gambling.
"Harvard is a hedge fund with classrooms" - Scott Galloway
Did we not have reason enought to hate Harvard? (Score:1)
Imagine if they had put more of their endowment into scientific research and less into crypto.
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Uh, yeah dumbfuck. Pure science research rarely pans out, but it helps humanity.
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Science is facing a "reproducibility crisis" where more than two-thirds of researchers have tried and failed to reproduce another scientist's experiments, research suggests. From a report:
This is frustrating clinicians and drug developers who want solid foundations of pre-clinical research to build upon. From his lab at the University of Virginia's Centre for Open Science, immunologist Dr Tim Errington runs The Reproducibility Project, which attempted to repeat the findings reported in five landmark cancer studies. "The idea here is to take a bunch of experiments and to try and do the exact same thing to see if we can get the same results." You could be forgiven for thinking that should be easy. Experiments are supposed to be replicable. The authors should have done it themselves before publication, and all you have to do is read the methods section in the paper and follow the instructions. Sadly nothing, it seems, could be further from the truth.
https://science.slashdot.org/s... [slashdot.org]
I keep being right! (Score:3)
Getting tired of winning. [slashdot.org]
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add couch humper [urbanup.com] to your signature!
Probably a secret deal with Trump (Score:3)
He said "Buy my crypto or no funding."
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*Insert JC_Denton.gif*
They better have pressed SELL last month (Score:1)
no? press it now and limit your losses before donnie two dolls opens his mouth again
HODL (Score:2)
LOL
$443MM (Score:4, Insightful)
$320MM
$205MM
$136MM
...
At what point does public funding stop (Score:1)
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When the whole system collapses under its own weight and there isn't public funding for anything anymore, not before.
Nobody involved in government or the educational system has any incentive whatsoever to do anything but ensure that the money keeps flowing and at faster rates.
how much ugly monkey NFTs do they own? (Score:2)
I bet none. Losers.