Podcast Summary: WSJ Tech News Briefing

Episode Title: TNB Tech Minute: Harvard Has $443 Million in Crypto
Date: November 17, 2025
Host: Julie Chang

Overview

This episode of the WSJ Tech News Briefing delivers a quick update on significant financial moves in the tech and academic sectors, highlighting Harvard University's large-scale investment in Bitcoin, major investment commitments by South Korean tech giants, and new momentum in artificial intelligence within the legal industry. The brief offers a snapshot of rising confidence in crypto among prestigious institutions, ambitions fueling South Korea’s domestic tech industry, and the transformative potential of AI in legal services.

Key Discussion Points & Insights

1. Harvard’s Growing Crypto Holdings (00:19 – 01:00)

• Harvard University has substantially increased its crypto holdings, reporting a $443 million investment in BlackRock’s iShares Bitcoin Trust in Q3 2025.
• Now holding 6.8 million shares in the Bitcoin ETF (up from 1.9 million the prior quarter), this represents just under 1% of Harvard’s massive $57 billion endowment.
• Harvard’s increased investment signals not only confidence in Bitcoin as an asset, but also a growing trend among elite universities.
• Other universities following suit:
  • Brown University: Holds $13 million in the BlackRock Bitcoin ETF (as of Q2).
  • Emory University: Holds $20 million in Grayscale’s Bitcoin Mini Trust ETF (as of March).

Quote [00:28] — Julie Chang:
"Harvard is ramping up its holdings in cryptocurrency. The University reported a $443 million investment in BlackRock's iShares Bitcoin Trust in the third quarter."

2. South Korean Tech Giants Boost Domestic Investment (01:00 – 01:40)

• South Korean technology stocks rose sharply following multibillion-dollar pledges from the nation's biggest conglomerates to invest domestically.
• The announced investments are aimed at strengthening the country’s manufacturing base and smoothing over trade tensions with the U.S.
  • Samsung Electronics: Announced the largest plan—roughly $310 billion over five years—focusing on AI research and a new chip production line.
  • Hyundai Motor Group and LG also made sizable commitments domestically.

Quote [01:15] — Julie Chang:
"Samsung Electronics unveiled the biggest investment plan at roughly $310 billion over five years. The money would be spent on AI research and development as well as a new chip production line."

3. Legal Tech Fund Bets Big on AI (01:40 – 02:17)

• A specialist venture capital firm, Legal Tech Fund, closed a $110 million second fund, doubling down on their belief that AI will reshape the legal field.
• The founders, neither of whom worked previously in legal services, are convinced that AI can automate much of the work traditionally performed by junior lawyers.
• Investors in the fund include corporations, family offices, and wealth firms. Law firm McDermott, Will & Schulte is a notable contributor with a $10 million commitment.
• Legal Tech Fund targets early-stage legal tech startups globally.

Quote [01:54] — Julie Chang:
"They say AI will do the heavy lifting previously reserved for junior lawyers."

Notable Quotes & Memorable Moments

• On elite universities entering crypto:
  “Harvard is ramping up its holdings in cryptocurrency... The School now holds 6.8 million shares of the exchange traded fund, up from 1.9 million in the second quarter.” (Julie Chang, 00:28)

• On the scale of South Korean investment efforts:
  “Samsung Electronics unveiled the biggest investment plan at roughly $310 billion over five years. The money would be spent on AI research and development as well as a new chip production line.” (Julie Chang, 01:15)

• On AI’s impact in legal services:
  “They say AI will do the heavy lifting previously reserved for junior lawyers.” (Julie Chang, 01:54)

Timestamps of Important Segments

• 00:19 — Harvard’s crypto investment; context on other universities.
• 01:00 — South Korean conglomerates’ investment announcements.
• 01:40 — Legal Tech Fund’s new $110M fund focused on AI.
• 02:17 — End of main content.

Episode Tone

The tone is factual, fast-paced, and concise, reflecting the “Tech Minute” style while making room for key details on institutional behavior, financial commitment, and industry trends.

For a more in-depth exploration, the episode directs listeners to the full Tuesday’s Tech News Briefing podcast.