CalSTRS Invests $80 Million in MicroStrategy: A Key Sign of Institutional Crypto Adoption

The California State Teachers’ Retirement System (CalSTRS), a major pension fund managing retirement savings for over one million California educators, has made a significant move into cryptocurrency. Their recent investment of $80 million in MicroStrategy stock represents an important milestone for institutional adoption of crypto assets. This strategic decision demonstrates the growing influence of traditional financial institutions in navigating the digital asset revolution.