CalSTRS Invests $276 Million in MicroStrategy: A Sign of Growing Institutional Bitcoin Interest

The California State Teachers’ Retirement System (CalSTRS) has made a significant investment of $276 million in Microstrategy, the company best known for its Bitcoin holdings. This move signals a growing trend of institutional adoption of Bitcoin. With this investment, CalSTRS demonstrates confidence in Bitcoin’s future and aligns with an increasing trend among other large institutional investors to include Bitcoin exposure within their portfolios.