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Institutional Bitcoin Adoption? 12 States Invest $330M in BTC Exposure
12 U.S. states invest $330M in Strategy stock, gaining indirect Bitcoin exposure through pension funds like CalSTRS & CalPERS.Strategy holds 478,740 BTC worth $46B, with its stock surging 383% YoY despite a $670.8M Q4 loss from Bitcoin impairment. A growing number of U.S. states are investing in Strategy, the business intelligence firm formerly known as...