A US pension fund with $16.3 billion in assets has invested more money into Bitcoin. They did this by increasing their stake in Strategy, a company famous for holding a large amount of Bitcoin on behalf of its clients.
The Louisiana State Employees’ Retirement System recently increased its investment in MicroStrategy (MSTR) stock, now holding 21,300 shares valued at around $2.13 million, as reported by BitcoinTreasuries.NET.
This development continues the increasing pattern of large investment firms accessing Bitcoin not directly, but by investing in companies that already own it.
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Initial Bitcoin bet
The Louisiana retirement fund initially invested in Strategy and recently increased its holdings. This shows they’re choosing to invest more, not sell, as Strategy continues to buy large amounts of Bitcoin.
Instead of buying Bitcoin directly, the pension fund is investing in a company whose stock price closely follows the value of its Bitcoin. This gives them access to the cryptocurrency market.
MicroStrategy, under the leadership of its Executive Chairman Michael Saylor, has fundamentally changed its business to focus on holding Bitcoin. They’ve been buying Bitcoin using money raised from investors and through borrowing, making them one of the biggest corporate owners of the cryptocurrency worldwide.
Institutional Bitcoin adoption
Louisiana’s state pension fund investing in Bitcoin demonstrates a growing trend of digital currencies being added to mainstream investment strategies – even funds that handle retirement savings for public workers.
Historically, most pension funds have stayed away from directly investing in cryptocurrencies because of their price swings. However, a few are now starting to look at ways to get involved indirectly, such as through stocks of companies involved in crypto, exchange-traded funds, and other related investments.
This investment strategy lets the retirement system benefit if Bitcoin increases in value, without actually owning the cryptocurrency or dealing with its storage and security.
2026-07-23 00:38