Twelve US states collectively own 330 million USD in Strategy stock by early 2024. California has the largest share, invested over 150 million USD mainly through retirement funds.

California’s teacher retirement fund holds nearly 286,000 shares valued around 83 million USD. The California Public Employees’ Retirement System also possesses significant shares, contributing 76 million USD.

Strategy is the world’s largest corporate holder of Bitcoin, with 478,740 BTC valued at approximately 46 billion USD. The stock has surged by 16.5% in 2025, outperforming the crypto market.