Louisiana pension fund lifts Strategy stake to $3.52 million
- —LASERS added 1,700 Strategy shares in Q3, its third straight quarter of buying
- —Position reached 23,000 shares worth $3.52 million as of September 30
- —Stake was valued at $1.85 million at end-June; MSTR's price drove the gain
- —Strategy accounts for less than 0.02% of the fund's over $20 billion in assets
Why it matters: Pension funds keep gaining bitcoin exposure through treasury-company equities without setting up direct custody.
Source: Crypto Briefing