Arizona Pension Fund Doubles Down on MicroStrategy, Investing $2M

The Arizona State Retirement System has made a significant move in the cryptocurrency market. The fund has doubled down on its investment in Microstrategy (MSTR), purchasing an additional $2 million to bring their total holdings to 72,315 shares. This investment now totals over $24 million, demonstrating a growing trend of traditional financial institutions exploring new investment avenues.