Harvard's crypto holdings lost over $150 million in one year, buying BTC at the peak before liquidating ETH

Odaily Planet Daily News: According to on-chain analyst Ai Yi's monitoring, Harvard Management Company made its first crypto investment during the market rally in Q2 2025; it significantly increased its position in Q3 when BTC prices approached all-time highs, with share holdings rising by 257%, and IBIT once accounted for up to 20% of its portfolio, making it its largest public holding. During the market decline in Q4, it reduced its BTC holdings while establishing a position in ETH, but liquidated all ETH after just one quarter, exiting at a loss. Its BTC purchase cost range was between $107,000 and $114,000, while the ETH purchase cost was $4,000. Over the course of one year, it incurred losses exceeding $150 million in the crypto sector.