Investments by several U.S. states amounting to $632 million were made in a particular strategy's stock during the initial quarter of 2025.
Let's check out the latest on states' massive Bitcoin bet via MicroStrategy (MSTR) stock
Y'all ain't gonna believe this, but twelve US states have collectively pumped $632 million into MSTR stock! This move showcases a growing pattern among states to indirectly ride the Bitcoin wave through MSTR, known for its hefty Bitcoin stash.
Upping the ante with MSTR
Bitcoin Laws' founder, Julian Fahrer, blew the whistle on this on X (formerly Twitter). States jacked up their MSTR game by around 91.5%, with a Q4 2024 to Q1 2025 jump from $330 million to $632 million.
"Boom! A $302 million quarterly increase. That's an average hike of nearly 44% in holdings," Fahrer spilled.
California, the alpha investor, holds a whopping $276 million in MSTR shares split between two hefty funds: the State Teachers' Retirement System (CalSTRS) and the Public Employees Retirement System.
CalSTRS has 336,936 shares, marking a 18% increase. The Public Employees' Retirement System, on the other hand, has 357,183 shares, up a whopping 35% after adding 92,470 shares in Q1 2025.
Florida, the silver medalist with a $88 million grip on MSTR, sits comfortably in the State Board of Administration's Retirement System. This represents 221,860 shares and a 38% Q1 2025 growth. North Carolina and New Jersey aren't far behind, with $43 million each in MSTR.
North Carolina's Treasurer manages 107,925 shares, with a fast-growing 41% quarterly rise. In New Jersey, the Police and Firemen's Retirement System adds 33,628 shares (40% growth), while the Common Pension Fund D holds 76,615 shares (14% growth).
Arizona, fresh off the governor vetoing a Bitcoin reserve bill, continues to collect MSTR. Its stash has ballooned by 25% and sits at 66,523 shares ($26 million).
Wisconsin's Investment Board isn't far behind with 127,528 shares worth $51 million, growing 26% in the last quarter. This growth demonstrates increased confidence in MSTR.
However, the Investment Board's decision to sell its entire $300 million stake in BlackRock's iShares Bitcoin Trust (IBIT) hints at a cautious approach to selected crypto investments.
But wait, Utah, with only 25,287 shares valued at $10 million, pulled off a wild 184% quarterly spree!
Colorado follows closely, with a powerful quarterly growth of 67%. The Public Employees Retirement Association controls 30,567 shares worth $12 million.
MSTR: A hot investment in 2025
MSTR itself has seen some welcome gains in 2025. According to Yahoo Finance's stats, it's value has skyrocketed by an impressive 37% year-to-date.
On May 9, MSTR prices peaked at a whopping $430, marking its highest price since December 16, 2024. However, it took a 19.7% tumble over the past day, closing at $397.
So, there you have it, folks. Gonna keep an eye on this one!
eToro, YouHodler, Arkham, Wirex, and NEXO — explore them all!
Disclaimer: In alignment with the Trust Project guidelines, BeInCrypto is focused on delivering unbiased, transparent reporting. This news article aims to provide accurate, timely information. Nevertheless, readers are advised to confirm facts independently and consult a pro before making decisions based on this content. Nota bene: Our Terms and Conditions, Privacy Policy, and Disclaimers have been revamped!
- Investment in MSTR has witnessed a significant surge, with twelve US states collectively investing $632 million, signifying a growing trend in crypto finance and investing.
- Bitcoin Laws' founder, Julian Fahrer, reported an increasing holdings of MSTR by 44% in Q1 2025, highlighting a shift towards cryptocurrency such as Bitcoin.
- In addition to MSTR, states are also exploring other crypto platforms like eToro, YouHodler, Arkham, Wirex, and NEXO for their technology and potential returns in the crypto market.
- The rapid growth in MSTR holdings by states demonstrates increased confidence in the company's strategy and the overall potential of crypto industry for finance and investing.
