Twelve U.S. states have invested a combined $330 million in Strategy stock, gaining indirect exposure to Bitcoin through major pension funds like CalSTRS and CalPERS. California leads with significant holdings, while the company maintains a Bitcoin treasury valued at approximately $46 billion despite recent losses. This trend reflects growing institutional interest in Bitcoin-backed assets as states seek to capitalize on the cryptocurrency’s long-term potential.
about Twelve States Invest 330 Million Dollars in Bitcoin Exposure Through StrategyJulian Fahrer
0 posts last weekUS States Invest 330 Million in Saylor’s Strategy Stock Holdings
Twelve US states collectively hold $330 million in Strategy stock, formerly MicroStrategy, with California’s teacher retirement fund leading at $83 million. Other significant holdings include Florida and Wisconsin, while Strategy remains the largest corporate Bitcoin holder with 478,740 coins valued at approximately $46 billion. The stock has surged 383% since early 2024, significantly outperforming the broader crypto market.
about US States Invest 330 Million in Saylor's Strategy Stock HoldingsBitcoin rebounds to 94000 as Trump plans pro crypto executive orders
Bitcoin surged back to $94,000 as Donald Trump prepares to sign pro-crypto executive orders on his first day in office, potentially overturning key regulations like the SEC’s Staff Accounting Bulletin 121. This move aims to address banking restrictions and enhance crypto custody services, which have been hampered by current policies. The crypto market reacted positively, with Ethereum also recovering, signaling optimism for a more crypto-friendly regulatory environment under Trump’s administration.
about Bitcoin rebounds to 94000 as Trump plans pro crypto executive orders