ChainCatcher reports that, according to market sources, the California Public Employees’ Retirement Fund has increased its holdings of Bitcoin treasury company Strategy (stock code: MSTR) by 22,475 shares, bringing the total holdings to 470,632 shares, valued at approximately $59 million.
The retirement fund manages assets totaling about $611 billion.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Analyst: After the options expiration on March 20, the market is betting on BTC surging to $75,000
According to crypto analyst Murphy's analysis, the GEX data expiring on March 20 shows approximately $180 million in Long Gamma structure near $74,000, which suppresses price volatility. Therefore, BTC price will oscillate around that level. After the expiration date, changes in the options structure suggest market bets on BTC rallying toward $75,000, with resistance near $80,000, while support is found in the $65,000-$67,000 range.
GateNews8m ago
Strait of Hormuz shipping crisis impacts industrial metals, BTC reclaims $71,300
Middle East tensions escalate as U.S. military takes action against Iranian energy facilities. Iran warns of retaliation, Strait of Hormuz transit volume declines, shipping risks rise, and aluminum supply chains tighten. U.S. 2022 GDP revised down to 0.7%, PCE remains at 3.1%, and the job market stays resilient. In the crypto market, BTC returns to the key level of 71,300 dollars.
GateNews22m ago
Bitcoin Approaching $73,000: Strong ETF Capital Inflows, BTC May Challenge $80,000 Level
Bitcoin's recent price rebound is approaching $73,000, driven by institutional capital inflows and geopolitical factors. Mainstream crypto assets such as Ethereum and XRP have also risen in sync. Research indicates that Bitcoin's gains are primarily sourced from ETF capital inflows and increased institutional holdings, with market sentiment recovering. Technical analysis shows $70,000 to $71,000 as support levels, with a breakthrough above $75,000 potentially triggering stronger gains.
GateNews30m ago
Whale Closes WTI Crude Oil Short Position for $473K Profit, Retains $48M BTC and Nasdaq Positions
In the past 4 hours, the address marked as "Heavy Position Layout in Three Major Markets" has reduced its WTI crude oil short position by 51,025 lots, worth approximately $5.05 million, with profits of about $473,000. The current position has decreased to $2.5 million, with only cryptocurrency and US stock positions remaining.
GateNews36m ago
Bitcoin Liquidity Shock Builds as Exchange Balances Hit Lowest Level Since 2017
Bitcoin liquidity is quietly tightening as exchange balances sink to levels not seen since November 2017, signaling a shrinking pool of readily tradable supply just as market demand cycles intensify.
Bitcoin Exchange Supply Shrinks as Long-Term Holding Trend Accelerates
A shift in bitcoin’s liq
Coinpedia38m ago