U.S. States Consolidate $330 Million in Strategic Bitcoin Investments
Title: A Growing Interest in Strategy and Bitcoin Across U.S. States
States all across the United States are jumping on the crypto bandwagon, with a collective investment of $330 million in Strategy stock and associated Bitcoin exposure.
California Stepping Up Its Game
California's public pension funds are leading the way, heavily invested in Strategy stock. The California State Teachers' Retirement System alone holds a whopping 285,785 shares, valued at approximately $83 million. This is part of their diversified $69 billion portfolio. CalSTRS doesn't stop there, boasting an additional $76 million worth of Coinbase shares.
California's California Public Employees' Retirement System (CalPERS) is also among Strategy's significant investors, holding 264,713 shares worth about $76 million and $79 million in Coinbase stock. This investment gives these funds a substantial indirect exposure to Bitcoin, as Strategy is one of the largest corporate holders of the digital gold.
Other States Join the Party
Florida, Wisconsin, and North Carolina aren't far behind, with investments in Strategy stock of their own. Florida's State Board of Administration holds 160,470 shares worth about $46 million, while the State of Wisconsin Investment Board owns 100,957 shares valued at $29 million. North Carolina's pension fund invests $22 million in Strategy stock. Smaller investments are made by Arizona, Colorado, Illinois, Louisiana, Maryland, Texas, and Utah.
Strategy's stock has been on a rollercoaster ride in 2025, with an impressive 16.5% surge since the beginning of the year. But that's not all — the stock has experienced a remarkable 383% increase, exceeding the broader cryptocurrency market's increase of 62%. These numbers indicate investors find value in Strategy's approach of utilizing Bitcoin as a primary asset.
Institutional interest in Bitcoin may be growing, as state-level funds invest in Strategy and seek cryptocurrency exposure opportunities. With the economic powerhouses like California leading the charge, it seems states are bullish on the future of Bitcoin.
It's worth noting that some states, like Utah, Idaho, and Florida, have enjoyed strong economic growth in 2025 due to business-friendly policies and diverse economies. There's also a trend towards increased state and local government investment in infrastructure projects, with locally generated revenues playing a more significant role compared to federal grants. However, the overall U.S. economic outlook for 2025 has been adjusted downward due to policy decisions and inflation rates. For more detailed information on states' investments in specific stocks or cryptocurrencies like Bitcoin, you should consult specialized financial reports or databases tracking state-level investment activities.
- Utah's state pension funds also show an interest in cryptocurrency, with a reported $383 million investment in Strategy stock, reflecting a growing acceptance of technology in finance and investing.
- The California State Teachers' Retirement System (CalSTRS) and California Public Employees' Retirement System (CalPERS) collectively hold an estimated $162 million worth of Coinbase shares, solidifying crypto investments as a significant part of their diversified portfolios.
- Florida's investment in Strategy stock amounts to $46 million, displaying a strong conviction in the growing crypto sector and its potential to provide returns comparable to traditional investments.
- In 2025, states like Wisconsin, North Carolina, Arizona, Colorado, Illinois, Louisiana, Maryland, and Texas have made investments in Strategy stock, demonstrating a broader regional trend towards viewing cryptocurrency as a viable and attractive option for investments.
- With the strong economic growth experienced in states such as Utah, Idaho, and Florida, coupled with increasing state and local government investment in infrastructure projects, there is an indication that these states are not only invested in diversified portfolios but also in the future prosperity of the technology sector, including cryptocurrency.
