14 US States Report $632M in Exposure to Michael Saylor’s Strategy in Q1

In a significant move toward digital asset exposure, 14 U.S. states have disclosed a collective $632 million investment in Strategy (MicroStrategy, MSTR) through their public retirement and treasury funds for Q1 2025. This marks a massive $302 million increase from the previous quarter—an average quarter-over-quarter growth of 44% in holding size. The data, shared by Bitcoin.com News, underscores growing institutional interest in Strategy, a company known for its substantial Bitcoin holdings. With state retirement systems seeking returns in an increasingly inflation-sensitive environment, this trend highlights a shift toward more aggressive asset allocations. Key Highlights: California leads the pack with a combined $276 million exposure through its State Teachers’ and Public Employees’ Retirement Systems. Florida saw the largest increase in absolute terms, adding over 61,000 shares—a 38% jump worth $88 million. Utah posted the most dramatic percentage rise, with a staggering 184% growth quarter-over-quarter, bringing its holdings to $9 million. Colorado also made a bold move with a 67% increase in MSTR holdings, now valued at $12 million. Ohio, Kentucky (one of two funds), and Illinois reported no change in holdings this quarter. Top 5 State Funds by Value: California Public Employees Retirement System – $142M California State Teachers’ Retirement System – $134M Florida State Board of Administration – $88M New Jersey Common Pension Fund D – $30M Texas Teachers’ Retirement System – $29M This uptick suggests rising confidence in Strategy’s strategy and, by extension, in Bitcoin. With many state funds traditionally leaning conservative, the Q1 data may signal a broader shift toward incorporating alternative assets into pension portfolios. As macroeconomic uncertainty looms, expect continued scrutiny—and possibly increased adoption—of digital-asset-tied equities among institutional investors. Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/14-us-states-report-632m-in-exposure-to-michael-saylors-strategy-in-q1/