California pension funds have invested $276 million in MicroStrategy shares, thus increasing their indirect exposure to Bitcoin. This investment highlights a significant shift in institutional interest towards digital assets.
The move aligns with a broader trend among US states toward enhancing stakes in Bitcoin, indicating a growing confidence in the cryptocurrency market.
Additionally, expert responses affirm the positive implications of this investment, suggesting it may prompt regulatory adaptations and increase market confidence in Bitcoin.
Full story here: https://coincu.com/337927-california-pension-microstrategy-bitcoin-investment
