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Analyst: 12 states in the United States collectively hold shares of Strategy worth 330 million dollars

Analyst: 12 states in the United States collectively hold shares of Strategy worth 330 million dollars

Bitget2025/02/17 04:06

According to Cointelegraph, by the end of 2024, 12 states in North America have reported holding stocks of Strategy (formerly MicroStrategy) in their state pension funds or treasuries, with a total value reaching $330 million. Bitcoin analyst Julian Fahrer pointed out that California, Florida, Wisconsin and North Carolina's retirement funds and treasuries hold the most Strategy shares.

The California State Teachers' Retirement System holds the most shares in Strategy. As of February 14th when submitting Form 13F to the U.S. Securities and Exchange Commission, it held 285,785 shares worth about $83 million. The California Public Employees' Retirement System also holds a large number of Strategy stocks - owning 264,713 shares valued at approximately $76 million while also holding Coinbase stocks worth $79 million. The total investment amount for this state's retirement fund is around $149 billion.

The Florida Retirement System Pension Fund Management Committee owns 160,470 Strategy shares valued at $46 million; while as per submitted documents Wisconsin Investment Board owns about $29 million worth of stock equating to100957 shares. The Treasurer of North Carolina has MSTR stocks valued at $22million; whereas New Jersey Police and Firemen’s Retirement system along with General Pension collectively own stocks worth$26million.Fahrer stated that other states holding strategy stock in public funds include Arizona , Colorado , Illinois , Louisiana , Maryland , Texas and Utah.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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