Florida’s state pension fund has expanded its indirect exposure to Bitcoin by adding shares of MicroStrategy, according to reports. The move reflects a broader trend among U.S. public retirement and treasury funds seeking Bitcoin-linked equity exposure rather than direct asset holdings.
More than a dozen state-level funds have now acquired MicroStrategy stock. While the allocations remain small relative to total assets under management, the investments signal growing institutional openness to non-traditional assets tied to Bitcoin’s long-term performance
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