CalPERS defends $144M taxpayer-backed Bitcoin bet as stock craters 44%
8:05
MSNThe Center Square
CalPERS defends $144M taxpayer-backed Bitcoin bet as stock craters 44%
(The Center Square) - Californias main public pension fund, CalPERS, has more than doubled its shares in a highly leveraged, Bitcoin-related stock in the last two years that recently plunged by nearly half, The Center Square found. The state public pension held nearly $144 million worth of Strategy Inc., formerly known as MicroStrategy, as of ...
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