New Jersey Pension Fund Invests $30 Million in MicroStrategy for Bitcoin Exposure

The New Jersey State Common Pension Fund has invested $30 million in MicroStrategy (MSTR), a move reflecting a broader trend of U.S. state funds embracing alternative assets to combat inflation. This decision increases the fund’s Bitcoin exposure and aligns with other states making similar investments. The investment is part of a larger shift towards using regulated equities as an indirect method for gaining crypto exposure.