The Louisiana State Employees’ Retirement System (LASERS) has disclosed its exposure to Bitcoin (BTC) through a smaller stake in Strategy Inc. (NASDAQ: MSTR), as Michael Saylor hints at increasing Strategy’s Bitcoin holdings. Strategy’s position was reinforced after MSCI decided not to exclude digital asset treasury (DAT) companies from its indices. Strategy recently acquired 13,627 BTC for $1.25 billion, representing roughly 3% of the total BTC supply. Strategy’s fourth-quarter earnings will be released on Feb. 5, with the company currently holding 687,410 BTC in its coffers. LASERS manages $16 billion in assets for over 100,000 public workers, holding 17,900 Strategy shares worth $3.1 million at MSTR’s current price.
Read more at Yahoo Finance: U.S. pension fund makes surprise buy of Michael Saylor’s Strategy
