In the first quarter of 2025, fourteen US states reported a total holding of 632 million USD in MicroStrategy’s stock, showing a major 91.5% increase from the previous quarter. The average growth across these states reached 44%, highlighting a strategic move towards gaining Bitcoin exposure.
California emerged as the largest investor with 276 million USD, while Wisconsin increased its MSTR stake to 51 million USD but divested 300 million USD from a Bitcoin ETF. Notably, Utah saw the highest growth at 184%, indicating varying levels of confidence in crypto investments.
Leave a Reply