14 states in the US silently place their trust in Bitcoin through MicroStrategy

In a positive signal for the cryptocurrency market, at least 14 states in the US are holding shares of #MicroStrategy (MSTR) – the publicly listed company with the largest amount of Bitcoin in the world, through public pension funds and treasury.

Notable figures:

#California leads with over 690,000 shares of MSTR, worth approximately 276 million USD, held by two large pension funds: CalSTRS and CalPERS. Notably, CalPERS is the largest public pension fund in the United States.

#Florida ranks second with 221,860 shares (~88 million USD).

Wisconsin owns over 127,000 shares, equivalent to 51 million USD.

Additionally, states like North Carolina, New Jersey, Maryland, Ohio, Texas, Kentucky, Arizona, Utah, Colorado, Louisiana, and Illinois are also investing in MicroStrategy – meaning Bitcoin has indirectly become part of the asset portfolio of many states in the US.

Positive outlook for the crypto community:

The acceptance of exposure to Bitcoin through MSTR by public pension funds – which are typically seen as conservative and prioritize stability – shows that long-term confidence in digital assets is being reinforced at the institutional level.

This not only affirms Bitcoin's status as a reserve asset but also opens up the potential for integrating crypto into the traditional financial system sustainably. #anhbacong