North Dakota investment board boosts Strategy stake by 10.8%
- —Stake rose to 10,275 Strategy shares, up 10.8% quarter-on-quarter
- —Position was worth $1.57 million at the end of Q3
- —The board manages $29 billion in pension and state funds
- —Crypto exposure is built through investments in digital asset treasury firms
Why it matters: US state funds keep adding indirect bitcoin exposure via Strategy shares, underpinning demand for the digital asset treasury model.
Source: Bloomingbit