Post #11603

US Pension Funds lost over $340M after investing in Strategy US public pension funds are facing massive losses on their Strategy (MicroStrategy) investments amid Bitcoin's price meltdown. Key metrics: 11 state pension funds hold nearly 1.8M shares of Strategy Collective paper losses: ~$343M 10 out of 11 funds are down 60% on their positions Strategy's stock has lost 67% of its value in 6 months Biggest Losers: New York State Common Retirement Fund: -$53M Florida Retirement System: -$46M North Carolina: -$30M Wisconsin: -$26M These pension funds serve millions of teachers, police officers, firefighters, and government workers who are now watching their retirement savings shrink. 🔗dlnews.com/articles/markets/public-pension-funds-down-bad-as-bitcoin-price-melts @TOP7ICO