12 US states bet on Bitcoin company Strategy Capital by investing $500 million

It has been discovered that 12 U.S. states hold a combined total of $330 million in Strategy (former MicroStrategy-MSTR) stock.
On the 17th (local time), Bitcoin analyst Julian Ferrer said through X that "As of the end of 2024,
"The company holds a total of $330 million in Strategic Strategy shares through pension funds or treasuries of 12 states in the United States."
Additionally, California, Florida, Wisconsin, and North Carolina had the most exposure to strategy stocks.
In particular, California has more than $150 million in strategic stocks, the largest amount of any state government in the United States.
The California State Teachers' Retirement System (CalPERS) owns 264,713 shares of Strategy, worth about $76 million, and Coinvest, which owns 100% of the company's shares.
The fund also owns $79 million worth of stock in Capital Markets Inc. (COIN). The pension fund's total assets under management amount to $149 billion.
The strategy currently holds the most Bitcoin (BTC) in the world.
The company owns a total of 478,740 BTC (about $46 billion, or about 7 trillion yen). Therefore, holding shares in the company is indirectly investing in Bitcoin.
Meanwhile, New Jersey, Arizona, Colorado, Illinois, Louisiana, Maryland, Texas, and Utah are also among the states that hold strategy shares through public pension funds.
It was acknowledged.