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Harvard Buys $116M in Bitcoin — Could 401(k) Plans Be Next?
1. 401(k)s Add Bitcoin
President Trump has signed an executive order allowing 401(k) retirement plans to include Bitcoin alongside traditional investments. Tens of millions of Americans participate in these plans, meaning the move could dramatically expand Bitcoin’s exposure to mainstream retirement savings.
Bitcoin briefly surged past $122,000 overnight before pulling back to around $120K this morning — enough to push its market cap above Amazon at roughly $2.45 trillion. Analysts estimate as much as $18 billion in BTC shorts could be liquidated if bullish momentum resumes.
“It was inevitable that bitcoin would make its way into American 401(k)s… especially from younger, tech-savvy workers who want hard money, not melting ice cubes,” says Swan Bitcoin CEO Cory Klippsten.
2. Harvard’s Big Buy
Harvard University’s endowment disclosed a purchase of $116 million worth of Bitcoin ETF IBIT in Q2. While the allocation is a fraction of its $50 billion portfolio, it’s a powerful symbol of legacy institutional adoption. Harvard joins a growing list of major institutions signaling Bitcoin is no longer a fringe asset.
3. Banks Still “Debanking” Crypto Firms
Despite White House orders to curb politically motivated “debanking,” crypto companies say they’re still losing bank accounts and facing higher transfer fees. Unicoin reports being shut out by Citibank and Chase without explanation.
Industry insiders warn that without enforcement, banks may remain reluctant to serve crypto — potentially limiting adoption even with new policy support.
📅 Monday, August 11, 2025Get the full breakdown at rossbrandbitcoin.substack.com
⚠ Bitcoin Universe is for informational purposes only and does not constitute financial advice.
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit rossbrandbitcoin.substack.com
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By Ross Brand1. 401(k)s Add Bitcoin
President Trump has signed an executive order allowing 401(k) retirement plans to include Bitcoin alongside traditional investments. Tens of millions of Americans participate in these plans, meaning the move could dramatically expand Bitcoin’s exposure to mainstream retirement savings.
Bitcoin briefly surged past $122,000 overnight before pulling back to around $120K this morning — enough to push its market cap above Amazon at roughly $2.45 trillion. Analysts estimate as much as $18 billion in BTC shorts could be liquidated if bullish momentum resumes.
“It was inevitable that bitcoin would make its way into American 401(k)s… especially from younger, tech-savvy workers who want hard money, not melting ice cubes,” says Swan Bitcoin CEO Cory Klippsten.
2. Harvard’s Big Buy
Harvard University’s endowment disclosed a purchase of $116 million worth of Bitcoin ETF IBIT in Q2. While the allocation is a fraction of its $50 billion portfolio, it’s a powerful symbol of legacy institutional adoption. Harvard joins a growing list of major institutions signaling Bitcoin is no longer a fringe asset.
3. Banks Still “Debanking” Crypto Firms
Despite White House orders to curb politically motivated “debanking,” crypto companies say they’re still losing bank accounts and facing higher transfer fees. Unicoin reports being shut out by Citibank and Chase without explanation.
Industry insiders warn that without enforcement, banks may remain reluctant to serve crypto — potentially limiting adoption even with new policy support.
📅 Monday, August 11, 2025Get the full breakdown at rossbrandbitcoin.substack.com
⚠ Bitcoin Universe is for informational purposes only and does not constitute financial advice.
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit rossbrandbitcoin.substack.com