No, owning a share in Grayscales mini trust doesnt mean you actually own Bitcoin. Youre just investing in Bitcoins value. If you really own it, youd have the key or at least the ability to withdraw it.
Regardless of the fact that they do not hold the keys to their own bitcoin, they still one way or another has invested in it. I am pretty sure that they bought bitcoin ETFs because of legalities and complexes that would need to be sort out. They bought the bitcoin under the university's name so who would hold the keys?
It's funny how people admit and track the money flowing into the market through ETFs and brag that demand for bitcoin is high, but they deny that Emory University is an investor in bitcoin. I really don't understand what's going on with people. If we deny that people investing in bitcoin through ETFs are not bitcoin investors. We should also reject bitcoin ETFs and no money is flowing into the market and the demand for bitcoin is not as high as we are boasting.
So far, Bitcoin ETFs have bought nearly 1 million BTC and this number will soon surpass the amount of bitcoins Satoshi holds, if they are not bitcoin investors, then who are they?
Anyway, I am curious where did they take the money from to invest in. Did they get it from shareholders or maybe what the students are paying them? If that is the case, did they announce this to the student body? They represent the whole community of students so it must make sense that the students also appreciate this move.
They are open about their investments to the public, meaning everything is transparent and everyone agrees on decisions so it doesn't matter if it's shareholder money or student money. We just need to know that they have invested a large amount of money in bitcoin and they are bitcoin investors.
