So, it turns out that twelve states in North America are holding onto Strategy stock (formerly known as MicroStrategy) like it’s the last slice of pizza at a party. As of the end of 2024, these states have a combined total of $330 million in their state pension funds or treasuries. 
According to Bitcoin analyst Julian Fahrer (who probably has a crystal ball), California, Florida, Wisconsin, and North Carolina are the big players in this game of financial Monopoly. 
California’s teacher retirement fund is the heavyweight champion here, boasting 285,785 shares worth around $83 million. That’s right, teachers are cashing in on more than just apples! 
And speaking of California, their State Teachers Retirement System fund, which is sitting pretty at $69 billion in various stocks, also has a crush on Coinbase (COIN) with 306,215 shares worth $76 million. Because who doesn’t want a little crypto in their retirement plan? 
The California Public Employees’ Retirement System is also getting cozy with Strategy stock, holding 264,713 shares worth around $76 million. They also have $79 million worth of Coinbase stock. I guess they really like to diversify their retirement cocktail! 
Now, let’s talk about Strategy itself. This company is the world’s largest corporate holder of Bitcoin (BTC), with a jaw-dropping 478,740 coins worth around $46 billion. Holding its stock is like getting a VIP pass to the Bitcoin party without having to show up! 
In a recent shopping spree, the firm snagged 7,633 BTC at the price of $97,255 per coin. Talk about retail therapy! 
Meanwhile, the State Board of Administration of Florida Retirement System fund is holding 160,470 Strategy shares worth $46 million. The State of Wisconsin Investment Board is also in the mix with 100,957 shares worth around $29 million. Who knew retirement funds could be so exciting? 
The Treasurer of North Carolina is sitting on $22 million worth of MSTR, while New Jersey’s Police and Firemen’s Retirement System and Common Pension Fund are holding $26 million worth between them. It’s like a financial game of tag! 
Other states getting in on the action include Arizona, Colorado, Illinois, Louisiana, Maryland, Texas, and Utah. Apparently, everyone wants a piece of the Strategy pie! 
Oh, and let’s not forget that this business intelligence firm and Bitcoin treasury company rebranded to Strategy and adopted a Bitcoin-themed visual marketing scheme on Feb. 5. Because nothing says “serious investment” like a good rebranding! 
MSTR stock has gained 16.5% since the beginning of 2025 and has skyrocketed a whopping 383% since the same time in 2024. Meanwhile, the broader crypto market has only managed a measly 62% over the past 12 months. Looks like someone is winning at this game! 
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2025-02-17 06:50