California Becomes Top Holder of MicroStrategy Amid Pension Fund Investment Trends

Reported 2 days ago

California has emerged as the largest holder of MicroStrategy shares, with its pension systems, CalPERS and CalSTRS, owning a combined total exceeding 694,000 shares as state pensions turn towards digital assets. As Florida's pension fund also increases its MicroStrategy holdings, this trend highlights the growing indirect exposure to Bitcoin through regulated equities, amidst ongoing regulatory discussions surrounding direct cryptocurrency investments.

Source: YAHOO

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