Louisiana Pension Fund Doubles Down on Bitcoin Exposure via Strategy Investment

A $16.3 billion U.S. pension fund has significantly increased its exposure to Bitcoin through a larger investment in Strategy, a business intelligence firm known for building the world's largest corporate Bitcoin treasury.

The Louisiana State Employees' Retirement System has boosted its holdings of Strategy's stock (MSTR) to 21,300 shares, representing a position worth approximately $2.13 million.

This move marks another step in the growing trend of institutional investors gaining indirect exposure to Bitcoin through companies that hold the cryptocurrency on their balance sheets.