LASERS Boosts Strategy Stake to $2.13 Million for Indirect Bitcoin Exposure

The Louisiana State Employees' Retirement System (LASERS) has increased its investment in Strategy, a business intelligence company known for its large corporate Bitcoin treasury. The fund raised its stake to 21,300 shares of Strategy stock, valuing the position at approximately $2.13 million.

This marks an expansion of LASERS' earlier position in Strategy, reflecting a continued interest in Bitcoin as an asset class. Instead of reducing its exposure, the fund opted to deepen its involvement as Strategy intensifies its Bitcoin-focused approach.

The Louisiana fund's move signals growing acceptance of Bitcoin exposure in traditional investment portfolios, allowing government retirement assets to participate in the digital asset market without direct crypto ownership.