In the first quarter of 2025, fourteen US states disclosed combined holdings of $632 million in Strategy’s (formerly MicroStrategy) MSTR stock, held within public retirement and treasury funds. The move highlights a growing trend among states to gain indirect exposure to Bitcoin (BTC) through Strategy, a company known for its substantial BTC reserves. US States’ Combined MSTR Holdings Reach $632 Million Bitcoin Laws founder, Julian Fahrer, highlighted the disclosure on X (formerly Twitter). The states increased their MSTR exposure by approximately 91
source: https://beincrypto.com/us-states-increase-mstr-stock-holdings/