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🔥 U.S. States Dive Into Crypto — $632M Strategy Bet Across

CryptoPotato

Updated at: 4 hours ago

{"content":"🔥 U.S. States Dive Into Crypto — $632M Strategy Bet Across 14 Government Funds! Retirement managers in 14 US states have secretly invested $632 million in Strategy stock. That bet lets you profit from Bitcoin without purchasing it. This approach has gained momentum in one quarter. Julian Fahrer reports that state funds increased their assets by 302 million in Q1 2025. Their job sizes increased 44% on average. Strategy's move into Bitcoin has become its stock a proxy for the digital commodity. Trustees concerned about custody or regulation changes may trade MSTR shares like other stocks. Leading the way is California with 694,119 shares valued $276 million. In Florida, public plans possess 221,860 shares, worth around 88 million dollars. Wisconsin has 127,528 shares, or 51 million. North Carolina has 107,925 shares (43 million), Ohio has 80,381 (32 million), and Texas has 72,595 (29 million). Arizona and New Jersey both took minor spots. This tendency is visible from Salt Lake City to Raleigh. Some States Grow Fast Utah retirement systems stood out with 25,287 shares, up 184%. Colorado rose 67%. Florida, Texas, and Louisiana gained 38%, 33%, and 30%, respectively. Maryland and New Jersey contributed more this quarter. Some boards seemed rushed to board, while others went slowly. State legislators in 26 states have submitted 47 crypto-related laws this year, according to sources. About 37 remain active. New Hampshire allowed up to 5% of its treasury to invest into Bitcoin in May. In Arizona, voters approved crypto usage for unclaimed assets but opposed treasury-led Bitcoin investment. Similar Florida legislation failed in committee. Some lawmakers want public finances to handle Bitcoin directly, while others aren't ready. Pension funds require stable returns to pay out. The rise of Bitcoin is remarkable. The coin is noted for strong swings. Strategy shares frequently amplify changes. State finances might suffer if Bitcoin drops abruptly. #EthereumSecurityInitiative #MastercardStablecoinCards #BinanceAlpha$1.7MReward #BinanceAlphaPoints $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/18/bf29f00f172f4daaa88fcdc634771a34.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}

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