Public pensions in 14 U.S. states hold $632 million in strategy stocks in the first quarter

According to BeInCrypto, 14 state government agencies in the United States hold strategy (formerly MicroStrategy) stocks worth 632 million dollars as of the first quarter of 2025. This is an increase of 302 million dollars compared to the previous quarter.

Among them, the California State Teachers' Retirement System and Public Employees' Retirement System ranked first with 276 million dollars, followed by the Florida State Board of Administration with 88 million dollars, and the Wisconsin State Investment Board with 51 million dollars.

The increase in strategy stock holdings by state government agencies is interpreted as an indicator of institutional investors' confidence in the growth potential of strategy, which holds a large amount of Bitcoin. Experts analyzed that this continuous buying trend by these institutions could have a positive impact on the strategy stock price.