Unverified $80M MicroStrategy Investment Raises Skepticism in Florida Pension Fund

A potential $80 million investment by a Florida pension fund in MicroStrategy has sparked debate and skepticism within the financial markets. Despite reports from ChainCatcher, which claims the allocation is part of a larger $205 billion fund, neither the Florida retirement authority nor Microstrategy have officially confirmed this transaction. Official disclosures typically provide greater insight into such significant investments but are currently absent for this alleged investment, raising concerns about the potential impact on the crypto market.