美國各州的聯合MST持有量達到6.32億美元

在2025年的第一季度，美國十四個州披露了策略（以前為MicroStrategy）MSTR股票的總計6.32億美元。

In the first quarter of 2025, fourteen US states disclosed a combined $632 million in Strategy's (formerly MicroStrategy) MSTR stock. The capital is part of public retirement and treasury funds, according to a Friday report by Bitcoin (BTC) Laws founder Julian Fahrer.

在2025年的第一季度，美國十四個州透露了6.32億美元的策略（以前是MicroStrategy）MSTR股票。根據比特幣（BTC）法律創始人朱利安·法勒（Julian Fahrer）週五的報告，首都是公共退休和國庫基金的一部分。

The move highlights a broader trend of states gaining indirect exposure to BTC through Strategy, a company well-known for its large Bitcoin holdings.

此舉強調了各州通過戰略獲得間接接觸BTC的更廣泛趨勢，該公司以其大型比特幣持有量而聞名。

The disclosed state holdings in MSTR at the end of Q1 2025. Source: X

第1季度末期在MSTR中披露的國家持有。來源：X

The states increased their MSTR exposure by about 91.5% from the $330 million they reported to be holding at the end of Q4 2024.

各州將其MSTR暴露量增加了約91.5％，這是他們據報導在第4季度第4季度末持有的3.3億美元。

"A collective increase of $302m in one quarter. The average increase in holding size was 44%," Fahrer said.

法赫爾說：“一季度集體增加了3.02億美元。持有量的平均增加為44％。”

Of the fourteen states, California is the largest investor. The state has $276 million in MSTR shares across two major funds: the State Teachers’ Retirement System (CalSTRS) and the Public Employees Retirement System.

在十四個州中，加利福尼亞是最大的投資者。該州在兩項主要基金中擁有2.76億美元的MSTR股票：州教師退休系統（CALSTRS）和公共僱員退休系統。

CalSTRS holds 336,936 shares, reflecting an 18% growth.

Calstrs持有336,936股，反映了18％的增長。

Additionally, the Public Employees’ Retirement System has 357,183 shares. It increased its stake by 35%, adding 92,470 shares in Q1 2025.

此外，公共退休系統擁有357,183股。它增加了35％的股份，在2025年第1季度增加了92,470股。

Florida follows with a disclosed $88 million in the State Board of Administration Retirement System. This represents 221,860 shares and a 38% quarterly growth.

佛羅里達州隨後在州政府退休系統中披露了8800萬美元。這代表221,860股，季度增長38％。

Both North Carolina and New Jersey have $43 million in MSTR. The former's Treasurer manages 107,925 shares, and the quarterly growth was 41%.

北卡羅來納州和新澤西州的MSTR有4300萬美元。前者的財務主管管理107,925股，季度增長為41％。

In New Jersey, the Police and Firemen’s Retirement System has 33,628 shares (40% growth). The Common Pension Fund D has 76,615 shares (14% growth).

在新澤西州，警察和消防員退休系統擁有33,628股（增長40％）。普通養老基金D擁有76,615股（增長14％）。

Arizona, where the governor recently vetoed a Bitcoin reserve bill, has continued to stockpile MSTR. Its holdings grew by 25%. As of the latest data, it has 66,523 MSTR shares, valued at $26 million.

州長最近否決了亞利桑那州的亞利桑那州，他繼續儲存MSTR。它的持股增長了25％。截至最新數據，它擁有66,523股MST的股票，價值2600萬美元。

Meanwhile, Wisconsin's Investment Board has 127,528 shares, valued at $51 million, presenting a 26% increase from the last quarter. This substantial growth speaks volumes about the board’s escalating confidence in MSTR.

同時，威斯康星州的投資委員會擁有127,528股，價值5100萬美元，比上一季度增長了26％。這種實質性的增長說明了董事會對MST的信心不斷提高。

However, the board's decision to fully divest from BlackRock’s iShares Bitcoin Trust (IBIT (BTCW,) may indicate a more cautious approach toward certain crypto investments.

但是，董事會決定完全剝離貝萊德的iShares比特幣信託（IBIT（BTCW））可能表明對某些加密投資的方法更加謹慎。

According to the latest 13F filing, in Q1 2025, the board offloaded its entire $300 million stake in IBIT.

根據最新的13F文件，第1季度2025年，董事會將其全部3億美元的IBIT股份卸載。

"Surprising that State of Wisconsin Investment Board sold their Bitcoin ETF shares for a couple of reasons. One being that they still have a $50m position in MSTR," Fahrer added.

Fahrer補充說：“令人驚訝的是，威斯康星州投資委員會出售其比特幣ETF的股票有幾個原因。其中一個是他們在MSTR中仍然擁有5000萬美元的職位。”

Despite having a more modest 25,287 shares valued at $10 million, Utah boasts the highest quarterly growth rate of 184%, highlighting rapid recent accumulation.

儘管價值更高的25,287股價值為1000萬美元，但猶他州的季度增長率最高，為184％，強調了最近的近期積累。

Next in line is Colorado, with a strong quarterly growth of 67%. The state's Public Employees Retirement Association manages 30,567 shares, amounting to $12 million.

接下來是科羅拉多州，季度增長67％。該州的公共退休協會管理30,567股，總計1200萬美元。

Meanwhile, MSTR itself has seen impressive gains in 2025. According to Yahoo Finance data, its value has appreciated by 37% YTD.

同時，MSTR本身在2025年獲得了令人印象深刻的收益。根據Yahoo Finance數據，其價值已欣賞37％YTD。

In fact, with Bitcoin's recent rally, MSTR prices climbed to $430 on May 9, marking its highest price since December 16, 2024. Nonetheless, the stock fell 19.7% over the past day, closing at $397.

實際上，隨著比特幣最近的集會，MSTR的價格在5月9日上漲至430美元，標誌著其2024年12月16日以來的最高價格。儘管如此，該股在過去一天下降了19.7％，收盤價為397美元。