The second largest Public Public Pension Fund California State Pension System (CALSTRS), Microstrategy (MSTR) shares reported that its share in Microstrategy (MSTR) shares is $ 83 million.
According to recent statements, Calstrs bought 5,191 MSTR shares in the 4th quarter of 2024 and increased their total shares to 258.785 shares. Microstrategy investment increased from $ 42.7 million to $ 82.7 million and reflected an increase of 93.5 percent in just three months.
Why Microstrategy?
Bitcoin’s price rise at the end of 2024, while Microstrategy, led by Michael Saylor, moved the same way and proved that it was a lucrative bet for investors. In this way, Microstrategy has become a key player in corporate Bitcoin investment, becoming an attractive asset for funds like Calstrs.
Microstrategy, who recently re -branded Strategy, has built its reputation as Bitcoin’s largest institutional owner. The company purchased Bitcoin for 2024 and bought 7,633 BTCs in February 2025. It increased its total assets to 478,740 BTC with a value of more than $ 46 billion.
Bitcoin’s 53.5 percent increase in the 4th quarter of 2024 further strengthened Microstrategy’s approach. As Donald Trump won the presidential election in the US government, crypto -friendly policies have returned and crypto currencies have reached new summits many times.
CALSTRS Pension Fund Coinbase reduced shares
Calstrs increased his investment in Microstrategy stake while selling his position in Coinbase by selling 707 shares. Following this regulation in the name of the share, the portfolio increased in parallel with the increase in value in Coinbase investments. However, due to Coinbase’s rising stock price, the total value of Calstrs’s investment in the stock market has still increased from $ 54.6 million to $ 76 million.
This movement shows that Calstrs does not come out of the crypto area, but strategically changes its focus. The pension fund seems to prefer Bitcoin -weighted investments, such as Microstrategy rather than directly exposed to crypto exchanges.
Will Bitcoin rise?
With an asset of $ 352.9 billion, Calstrs’s investment preferences have a significant weight. Their movements are closely monitored by corporate investors, which indicates wider tendencies in financial markets. The decision to increase Bitcoin investment while organizing Calstrs crypto portfolio shows that corporate investors adopt a long -term approach to digital assets.
The fact that Microstrategy continues to accumulate Bitcoin and the support of large funds such as Calstrs support the share of a strong rise in 2025.
