Brown University, one of the oldest and most prestigious institutions in the United States, has made a significant move into the world of digital assets by purchasing Bitcoin. The university joins a growing list of major institutions that are investing in cryptocurrencies as a part of their financial strategy. This move indicates that the academic institution sees the potential in cryptocurrencies and their underlying technologies, and is willing to back it with its financial resources. The university has not disclosed the exact amount of Bitcoin it has purchased. The move comes amid increasing interest and acceptance of cryptocurrencies among mainstream institutions and retail investors.