{"id":241396,"date":"2026-01-19T21:07:10","date_gmt":"2026-01-19T21:07:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/241396\/"},"modified":"2026-01-19T21:07:10","modified_gmt":"2026-01-19T21:07:10","slug":"u-s-pension-fund-makes-surprise-buy-of-michael-saylors-strategy","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/241396\/","title":{"rendered":"U.S. pension fund makes surprise buy of Michael Saylor\u2019s Strategy"},"content":{"rendered":"\n<p class=\"yf-vbsvxt\">The Louisiana State Employees\u2019 Retirement System (LASERS) has revealed its exposure to <a href=\"http:\/\/thestreet.com\/crypto\/bitcoin\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Bitcoin;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Bitcoin<\/a> (BTC) through a\u00a0smaller stake in Strategy Inc. (NASDAQ: MSTR), formerly MicroStrategy.<\/p>\n<p class=\"yf-vbsvxt\">This comes at a time when\u00a0Michael Saylor hinted at increasing Strategy&#8217;s slice of the Bitcoin pie.<\/p>\n<p class=\"yf-vbsvxt\"><a href=\"https:\/\/www.thestreet.com\/crypto\/news\/almost-half-of-gen-z-wants-a-retirement-account-in-crypto\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Related: Almost Half of Gen Z Wants a Retirement Account in Crypto;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Related: Almost Half of Gen Z Wants a Retirement Account in Crypto<\/a><\/p>\n<p class=\"yf-vbsvxt\">Strategy\u2019s position strengthened earlier this month after MSCI opted <a href=\"https:\/\/finance.yahoo.com\/news\/michael-saylors-microstrategy-gets-reprieve-084137553.html\" data-ylk=\"slk:not to exclude;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">not to exclude<\/a> digital asset treasury (DAT) companies from its indices, sparing Strategy from potential delisting.<\/p>\n<p class=\"yf-vbsvxt\">DAT firms hold cryptocurrencies as treasury assets in a similar manner to traditional corporations maintaining cash reserves.<\/p>\n<p class=\"yf-vbsvxt\">Between Jan. 5 and Jan. 11, Strategy made its biggest Bitcoin acquisition since July 2025, purchasing 13,627 BTC for $1.25 billion.<\/p>\n<p class=\"yf-vbsvxt\">Year to date, MSTR shares have climbed 10.53%, though the stock remains down 55.36% over the past year.<\/p>\n<p class=\"yf-vbsvxt\">Adding to speculation, Saylor <a href=\"https:\/\/x.com\/saylor\/status\/2012874594613416217?s=20\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:posted;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">posted<\/a> \u201cBigger Orange\u201d on X on Jan. 18, accompanied by a chart showing Strategy\u2019s Bitcoin accumulation since 2020, now representing roughly 3% of the total BTC supply.<\/p>\n<p class=\"yf-vbsvxt\">The post fueled investor anticipation that Strategy could soon announce another major purchase.\u00a0Strategy will also share\u00a0its <a href=\"https:\/\/www.strategy.com\/press\/strategy-announces-earnings-release-date-and-live-video-webinar-for-fourth-quarter-2025-financial-results_01-15-2026\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:fourth-quarter earnings;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">fourth-quarter earnings<\/a> on Feb. 5, right after market close.<\/p>\n<p class=\"yf-vbsvxt\">Strategy currently holds<a href=\"https:\/\/bitcointreasuries.net\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:687,410 BTC;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> 687,410 BTC<\/a> in its coffers.<\/p>\n<p class=\"yf-vbsvxt\">Louisiana pension fund manages $16 billion in assets for more than 100,000 public workers.<\/p>\n<p class=\"yf-vbsvxt\">LASERS held 17,900 Strategy shares as of Dec. 31, 2025, accounting for just 0.02% of its portfolio, as per a recent<a href=\"https:\/\/archive.fast-edgar.com\/20260116\/A8Z2222CX222B2C2222W22Z2LMC2V2287282\/form13f.table-lasers12312025.html\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:filing;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> filing<\/a>.<\/p>\n<p class=\"yf-vbsvxt\">At MSTR&#8217;s current price of $173.71 per share, the holdings are worth $3.1 million.<\/p>\n<p class=\"yf-vbsvxt\"><a href=\"https:\/\/www.thestreet.com\/crypto\/investing\/crypto-friendly-retirement-fund-legislation-sparks-controversy\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Related: Crypto-Friendly Retirement Fund Legislation Sparks Controversy;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Related: Crypto-Friendly Retirement Fund Legislation Sparks Controversy<\/a><\/p>\n<p class=\"yf-vbsvxt\">This story was originally published by <a href=\"https:\/\/www.thestreet.com\/crypto\/markets\/u-s-pension-fund-makes-surprise-buy-of-michael-saylors-strategy\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:TheStreet;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">TheStreet<\/a> on Jan 19, 2026, where it first appeared in the <a href=\"https:\/\/www.thestreet.com\/markets\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:MARKETS;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">MARKETS<\/a> section. Add TheStreet as a <a href=\"https:\/\/google.com\/preferences\/source?q=thestreet.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Preferred Source by clicking here.;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Preferred Source by clicking here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The Louisiana State Employees\u2019 Retirement System (LASERS) has revealed its exposure to Bitcoin (BTC) through a\u00a0smaller stake in&hellip;\n","protected":false},"author":2,"featured_media":241397,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246,141827,111,139,69,244,245,656,17205],"class_list":{"0":"post-241396","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-finance","10":"tag-michael-saylor","11":"tag-new-zealand","12":"tag-newzealand","13":"tag-nz","14":"tag-personal-finance","15":"tag-personalfinance","16":"tag-strategy","17":"tag-strategy-inc"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/241396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=241396"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/241396\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/241397"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=241396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=241396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=241396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}