17.02.2025 12:11
Retirement funds and treasuries from 12 states in the United States have invested a total of $330 million in Strategy shares, the world's largest institutional holder of Bitcoin (BTC). According to Bitcoin analyst Julian Fahrer, the California teachers' retirement fund ranks first on the list with an investment of $83 million.
Strategy, formerly known as MicroStrategy, continues to attract the interest of institutional investors with its strong Bitcoin investment strategy. The company's current holdings of 478,740 Bitcoins, valued at $46 billion at current prices, allow pension funds to indirectly enter the cryptocurrency market.
STRATEGY ATTRACTS INSTITUTIONAL INVESTORS WITH BITCOIN HOLDINGS
California's teacher retirement fund has directed a portion of its total $69 billion investment portfolio into the crypto sector. The fund has invested $76 million in shares of Strategy, as well as in Coinbase (COIN) shares.
The California Public Employees' Retirement System is also following a similar strategy. The system demonstrates its interest in crypto investments with $76 million in Strategy and $79 million in Coinbase shares.
Michael Saylor's Strategy completed its last Bitcoin purchase between February 3-9. During this period, the company added 7,633 BTC to its portfolio, paying $97,255 per Bitcoin.
The Florida Retirement System Fund holds $46 million worth of Strategy shares, while the Wisconsin State Investment Board has $29 million in Strategy shares. Strategy shares have increased by 16.5% since the beginning of 2025 and by 383% over the past year.