Louisiana public pension fund holds $3M in Bitcoin-linked Strategy shares
Crypto Briefing
Louisiana's public pension fund holds over $3 million in MicroStrategy shares, a proxy for Bitcoin exposure.Summary
The Louisiana State Employees Retirement System (LASERS) disclosed in a recent SEC filing that it holds 17,900 shares of MicroStrategy (MSTR), valued at more than $3 million, as of the end of 2025. LASERS has held these shares since late 2024. MicroStrategy is known as the world's largest Bitcoin treasury company, with its stock price significantly tied to its substantial Bitcoin holdings of 687,410 BTC. Consequently, MSTR shares are frequently utilized by institutional investors as a method to gain exposure to Bitcoin without directly managing custody of the cryptocurrency.
(Source：Crypto Briefing)