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Posted: 2025-05-17 13:55:07 UTC

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-17 13:56:06 UTC
Verified By
Rollup News
California's pension fund system has invested $276 million in MicroStrategy (MSTR) stock, which primarily holds Bitcoin. This move suggests that traditional pension funds are indirectly allocating to Bitcoin through stock channels, indicating a growing acceptance of Bitcoin among institutions.
California pension fund's investment in MicroStrategy
Indirect allocation to Bitcoin through stock channels
Growing acceptance of Bitcoin among institutions