The authorities pension funds and treasuries of 12 U.S. states invested $330 cardinal into Strategy (formerly MicroStrategy) by the extremity of 2024. Bitcoin expert Julian Fahrer reports that California and Florida unneurotic with Wisconsin and North Carolina person the largest investments among these states.
The Teacher Retirement Fund of California holds 285,785 shares of Strategy worthy astir $83 cardinal according to the records from Feb. 14. The Public Employees’ Retirement System of the authorities maintains 264,713 shares with a full worthy of $76 million.
The concern portfolio of California which exceeds $69 cardinal contains important holdings successful Coinbase portion combining with further funds to enactment Strategy. Strategy stands arsenic the biggest firm Bitcoin proprietor done its possession of 478,740 BTC worthy astir $46 billion.
Through their concern successful Strategy banal shareholders summation entree to Bitcoin done an indirect method. Between Feb. 3 and Feb. 9 the institution made a caller acquisition of 7,633 Bitcoin units astatine a outgo of $97,255 per coin.
The status funds of Florida, Wisconsin, New Jersey, Arizona, Texas and Florida ain Strategy stock. Strategy banal prices person accrued by 16.5% since 2025 began and person risen by 383% from February 2024 until present surpassing the 62% maturation of the wide crypto marketplace during this clip frame.
Also Read: MicroStrategy Buys 7,633 BTC, Total Holdings astatine 478,740