California State Teachers Pension System (Calstrs) significantly increased the presence of Strategy, led by Michael Saylor. According to the latest statement pension fund In the fourth quarter of 2024, 5 thousand 191 more MSTR shares purchased their total shares to 258 thousand 785. The total value of the MSTR shares of the fund increased by 93.5 percent in a quarter -basis and rose from $ 42.7 million to $ 82.7 million.
Calstrs rely on Bitcoin -oriented strategy
Formerly with Microstrategy new name StrategyBitcoin $97,306.05 It is the largest public corporate company known for its investments. The company is an aggressive for 2024 BTC He followed the accumulation strategy and only bought 7,633 BTCs in February. With this addition, the total Bitcoin reserves in the company’s safe reached 478 thousand 740 BTCs and the total value of these assets exceeded $ 46 billion.
Moreover, the biggest Bitcoin’s price In the fourth quarter of 2024, it gained 53.5 percent and reached record levels several times. Donald Trump’s return to the presidency with crypto money -friendly policies in the US increased investor confidence. In this process, Strategy shares made a big leap and gained more than 70 percent.
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Pension Fund reduced Coinbase shares
Calstrs, on the other hand, increases MSTR shares as well as crypto currency exchange Coinbase globalReduced the number of shares in 707 units to 306 thousand 215 units. However, as Coinbase’s shares rise in the same period, the total Coinbase investment of the fund increased from $ 54.6 million to $ 76 million.
The California -based Pension Fund manages approximately 352.9 billion dollars as the second largest Public Pension Fund in the USA. The investment preferences of this giant fund are carefully monitored by the participants in the traditional markets and in the crypto money market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
