Editor's PiCK

"12 US States Hold $330 Million Worth of Strategy Shares"

Source
Son Min

Summary

  • It was reported that pension funds and treasuries of 12 US states hold Strategy shares worth $330 million.
  • California's pension funds hold the largest amount of Strategy shares and also maintain significant holdings in Coinbase shares.
  • Strategy holds a total of 478,740 Bitcoin (BTC), worth approximately $46 billion.

Twelve US states have been found to hold Strategy (formerly MicroStrategy) shares worth $330 million.

According to CoinTelegraph on the 16th (local time), pension funds and treasuries of 12 US states currently hold Strategy shares worth a total of $330 million.

Notably, California's pension funds hold the largest amount of Strategy shares. The California State Teachers' Retirement System and Public Employees' Retirement System hold 285,785 and 264,713 Strategy shares respectively, valued at $83 million and $76 million.

Furthermore, they also hold substantial Coinbase shares. The California State Teachers' Retirement System holds $76 million worth of Coinbase shares, while the Public Employees' Retirement System holds $79 million worth.

Meanwhile, Strategy holds 478,740 Bitcoin (BTC), worth approximately $46 billion.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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