The layout of pension crypto asset investments in various states in the United States: 14 funds hold $632 million in Strategy stocks.

Recently, the cryptocurrency investment craze among American pension funds is quietly rising! Retirement fund managers in 14 states in the U.S. are quietly incorporating $632 million of Strategy stocks into their investment portfolios, trying to benefit from the rise of Bitcoin without directly purchasing it. This trend has gradually intensified in the first quarter of this year.

According to data provided by Julian Fahrer, these public funds increased their holdings by 302 million shares in the first quarter of 2025, with an average position size growth of 44%. Because the Strategy invests in Bitcoin, its stocks become an effective alternative for holding Crypto Assets. For trustee fund managers concerned about custody or regulatory changes, they can trade MSTR stocks just like other stocks, thereby indirectly embracing Bitcoin.

In terms of geographical distribution, California ranks first with 694,119 shares (approximately $276 million), while states like Florida, Wisconsin, North Carolina, Ohio, and Texas are also getting involved and holding a considerable amount of stocks. From Salt Lake City to Raleigh, the trend of investing in Strategy stocks is clearly evident.

Some states have shown explosive growth! For example, the Utah retirement system has performed exceptionally well, holding 25,287 shares, with a position increase of up to 184%; Colorado's increase also reached 67%. Florida, Texas, Louisiana, and other places also saw increases of over 30%. However, while some states acted quickly, there are others that are relatively cautious.

However, despite the need for stable returns from pension funds, the astonishing volatility of Bitcoin is hard to ignore. Its severe fluctuations are like a double-edged sword, and the strategy shares further amplify this effect. If Bitcoin crashes, the relevant funds will inevitably suffer heavy losses; conversely, if it experiences a strong rebound, these holdings will demonstrate foresight.

At present, these public management institutions seem to be cautiously testing the waters, wanting to feel the rising potential of Crypto Assets while seeking security through traditional stock regulations. In short, this game of risk and opportunity is about to begin!

#加密货币投资 #Strategy stocks #US public funds