#Novedades Strategy a proxy bet on Bitcoin for institutional investors

Institutional investors may lack the technical sophistication required to hold BTC directly or have legal or fiduciary limitations that prevent them from investing in digital assets.

At least 12 U.S. states currently hold shares of Strategy as part of their pension funds and state treasuries. Together, these states hold more than USD 271 million in shares of Strategy at current market prices.

The list includes Arizona, California, Colorado, Florida, Illinois, Louisiana, Maryland, North Carolina, New Jersey, Texas, Utah, and Wisconsin.

The California State Teachers' Retirement Fund and its Public Employees' Retirement System hold USD 67.2 and USD 62.8 million in shares of Strategy, respectively.