Harvard Crypto's one-year loss exceeds $150 million, clearing ETH after chasing BTC's high point Odaily Planet Daily News: According to AI, an on chain analyst, Harvard Management Company will establish its first position in cryptocurrency during the market rally in the second quarter of 2025; In the third quarter, when BTC prices approached historical highs, the company significantly increased its holdings by 257%, with IBIT accounting for 20% of its holdings at one point, making it its largest public position; During the fourth quarter market downturn, I reduced my holdings of BTC and opened a position in ETH. After only holding for one quarter, I cleared all ETH and left at a loss. The cost range for building BTC positions is between 107000 and 114000 US dollars, while the cost for building ETH positions is 4000 US dollars. Within one year, it incurred losses of over 150 million US dollars in the cryptocurrency field.