Bitcoin continues to solidify its status as a strategic reserve asset, with growing institutional adoption fueling its long-term bullish narrative. The latest major endorsement comes from one of the world’s most prestigious universities — Harvard. In a recent SEC filing, it was revealed that Harvard University’s investment portfolio acquired $117 million worth of shares in BlackRock’s spot Bitcoin ETF by the end of the second quarter of 2025.
This move places Harvard among a growing list of influential institutions integrating Bitcoin into their long-term treasury strategies. The BlackRock spot Bitcoin ETF, now managing $84 billion in assets under management, has quickly become a dominant vehicle for institutional exposure to BTC.
The decision to prioritize Bitcoin over some of the most established names in global technology signals a notable shift in institutional thinking. For decades, elite endowments like Harvard’s have been known for their conservative, long-term investment approach, focusing on assets with proven resilience and growth potential. Including Bitcoin at this level shows that the university views the digital asset as not only a speculative opportunity but also as a strategic reserve holding with long-term value.
Harvard’s move reflects a growing consensus among leading institutions that BTC is emerging as a core asset for diversification, inflation protection, and asymmetric upside potential. The fact that Bitcoin now sits alongside — and in some cases above — blue-chip equities in major portfolios highlights its evolution from a niche investment to a mainstream financial instrument.
Bitcoin (BTC) is currently trading at $116,526, consolidating just below the key resistance zone at $122,077. The 3-day chart shows a sustained bullish structure, with price holding well above the 50-day ($101,725) and 100-day ($96,494) moving averages — both trending upward, signaling strong medium-term momentum.
After reclaiming the $115,724 support level, BTC has maintained a steady upward bias, suggesting that bulls are still in control despite recent volatility. The consolidation phase just under resistance indicates market indecision, with buyers accumulating strength for a potential breakout. A decisive close above $122,077 could open the path toward retesting the all-time highs and potentially extending into price discovery.
Volume remains relatively stable, but a noticeable uptick on breakout attempts would strengthen the bullish case. On the downside, failure to hold $115,724 could trigger a pullback toward the $110K–$112K range, where additional support and the 50-day moving average converge.
Featured image from Dall-E, chart from TradingView
