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Tristan Greene

Louisiana's $15.6B LASERS Fund Buys $3.2M in Strategy Stock for Indirect Bitcoin Exposure

The Louisiana State Employees’ Retirement System (LASERS) has taken indirect exposure to Bitcoin by purchasing 17,900 shares of Bitcoin treasury firm Strategy, valued at about $3.2 million within its $15.6 billion portfolio. This move aligns LASERS with other US public pension funds that favor crypto-related stocks and ETFs over direct Bitcoin holdings, while Houston’s firefighter fund continues to stand out for its earlier direct Bitcoin investment.
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