Harvard’s recent SEC filings revealed a $442 million holding in a spot Bitcoin ETF, making the crypto investment the single largest named stock exposure in the endowment. The disclosure has prompted questions among higher‑ed finance officers and trustees about risk, diversification and governance given volatile crypto markets and ongoing regulatory uncertainty. Those questions land as governing boards and campus leaders face pressure to link oversight with measurable student outcomes and institutional resilience. A new AGB case‑study project highlights best practices for boards and administrators working to drive student success, calling for active oversight of strategy, finance and equity initiatives. Trustees now must weigh innovative asset allocation against long‑term fiduciary duties amid heightened public scrutiny.