美国各州的联合MST持有量达到6.32亿美元

在2025年的第一季度，美国十四个州披露了策略（以前为MicroStrategy）MSTR股票的总计6.32亿美元。

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，美国十四个州透露了6.32亿美元的策略（以前是MicroStrategy）MSTR股票。根据比特币（BTC）法律创始人朱利安·法勒（Julian Fahrer）周五的报告，首都是公共退休和国库基金的一部分。

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

此举强调了各州通过战略获得间接接触BTC的更广泛趋势，该公司以其大型比特币持有量而闻名。

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

第1季度末期在MSTR中披露的国家持有。来源：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.

各州将其MSTR暴露量增加了约91.5％，这是他们据报道在第4季度第4季度末持有的3.3亿美元。

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

法赫尔说：“一季度集体增加了3.02亿美元。持有量的平均增加为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.

在十四个州中，加利福尼亚是最大的投资者。该州在两项主要基金中拥有2.76亿美元的MSTR股票：州教师退休系统（CALSTRS）和公共雇员退休系统。

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

Calstrs持有336,936股，反映了18％的增长。

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，公共退休系统拥有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.

佛罗里达州随后在州政府退休系统中披露了8800万美元。这代表221,860股，季度增长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%.

北卡罗来纳州和新泽西州的MSTR有4300万美元。前者的财务主管管理107,925股，季度增长为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).

在新泽西州，警察和消防员退休系统拥有33,628股（增长40％）。普通养老基金D拥有76,615股（增长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.

州长最近否决了亚利桑那州的亚利桑那州，他继续储存MSTR。它的持股增长了25％。截至最新数据，它拥有66,523股MST的股票，价值2600万美元。

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.

同时，威斯康星州的投资委员会拥有127,528股，价值5100万美元，比上一季度增长了26％。这种实质性的增长说明了董事会对MST的信心不断提高。

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，董事会决定完全剥离贝莱德的iShares比特币信托（IBIT（BTCW））可能表明对某些加密投资的方法更加谨慎。

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

根据最新的13F文件，第1季度2025年，董事会将其全部3亿美元的IBIT股份卸载。

"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补充说：“令人惊讶的是，威斯康星州投资委员会出售其比特币ETF的股票有几个原因。其中一个是他们在MSTR中仍然拥有5000万美元的职位。”

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.

尽管价值更高的25,287股价值为1000万美元，但犹他州的季度增长率最高，为184％，强调了最近的近期积累。

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.

接下来是科罗拉多州，季度增长67％。该州的公共退休协会管理30,567股，总计1200万美元。

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

同时，MSTR本身在2025年获得了令人印象深刻的收益。根据Yahoo Finance数据，其价值已欣赏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.

实际上，随着比特币最近的集会，MSTR的价格在5月9日上涨至430美元，标志着其2024年12月16日以来的最高价格。尽管如此，该股在过去一天下降了19.7％，收盘价为397美元。