Emory University expanded its exposure to bitcoin during the third quarter, signaling growing institutional comfort with digital assets, according to a new 13F filing reported by CoinDesk.
The Georgia-based university disclosed ownership of more than 1 million shares of the Grayscale Bitcoin Mini Trust as of Sept. 30, a stake worth nearly $52 million at the time.
JUST IN: 🇺🇸 Emory University increases its #Bitcoin ETF position by 91%.
— Bitcoin Magazine (@BitcoinMagazine) November 12, 2025
They now hold $51.8 million in Bitcoin ETF pic.twitter.com/08f7gAQNrf
That is up from roughly 500,000 shares in the previous quarter and far above the school’s first bitcoin position, disclosed in 2024 at about $15 million.
Emory also maintained a smaller position in BlackRock’s spot bitcoin ETF and boosted its investment in Coinbase, now holding about 4,500 shares worth $1.2 million.
The endowment made a significant move into gold as well, reporting a $79 million stake in BlackRock’s iShares Gold Trust.
Endowment funds traditionally take conservative approaches, making Emory’s rapid shift toward bitcoin ETFs a notable sign of broader institutional warming to the asset class.
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