Categories: Techno

Pension Fund in California invested $ 83 million in Strategy shares

< img src = "/uploads/blogs/34/dc/ib-FQB1VVV467_EA2A6BBB1.jpg" Alt = "Pension Fund in California invested $ 83 million in Strategy Action"/~ 62 < P > The Pension Support System of California (Calstrs) has invested $ 82.7 million in the world's largest corporate owner of Strategy Bitcoins (previously Microstrategy). It follows from the form 13-F submitted to the US Securities and Exchange Commission (SEC).

< p > According to papers, in Quarter 2024, the fund bought 5191 shares of the company, increasing the total share to 285 785. They are estimated by $ 82.7 million, which is 93.5% more than in the previous period.

< P > According to the Atlas21 project, 13 different states were invested in Strategy. For the most part, these are government pension funds. Their total share of shares is estimated at about $ 330 million

< p > of them the largest share of Calstrs. Moreover, Strategy & mdash; Not the only cryptograph supported by the Fund. It also has a large part of the stock of Coinbase & mdash; 306 215 at $ 76 million

< P > At the same time, a clear descending trend has been traced on the pricing graph of Strategy shares since the end of January 2025. Their value fell at 16.3%:

< P >< IMG SRC = "/Uploads/Wysiwyg/%D0%90%D1%80%D1%82%D0%B5%D0%BC/07022025/MSTR-1024x268.jpg" Alt "MSTR-1024X268.jpg (21 kb)" width = "562" Height = "147" />< /p > ~ < p >< Em > & nbsp; & nbsp; & nbsp; & nbsp; MSTR shares on NASDAQ. Source: TradingView.

< P > Microstrategy announced a rebranding in Strategy in early February 2025. Before that she interrupted a chain of consecutive investments in bitcoins, but later announced the purchase of the first cryptocurrency.

< P > In addition to crypto companies, some state pension funds are invested in digital assets using exchange funds. These include Michigan and Wisconsin.

Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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