The University of Austin in the United States received a $5 million donation in Bitcoin, committing to hold it for at least 5 years
ChainCatcher news, according to Bitcoin Magazine, Bitcoin financial service provider Unchained has announced a partnership with the University of Austin (UATX) to raise $5 million in Bitcoin for the university's endowment fund. The University of Austin has committed to holding at least BTC for five years. The endowment fund will be securely held and managed by Unchained, a renowned Bitcoin financial service provider specializing in multi-signature Bitcoin vaults.
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