California public pension fund holds $35.5M in Strategy shares

California Public Employees’ Retirement System, the largest public pension fund in the U.S., holds 381,048 shares of Strategy (NASDAQ: MSTR) valued at about $35.5 million, BitcoinTreasuries.net reported. Both its MSTR holdings and their value declined noticeably from last November, when the pension fund held 448,000 shares worth about $80 million. CalPERS manages about $637 billion in assets and serves more than two million public employees, retirees and other members.