U.S. pension fund makes surprise buy of Michael Saylor’s Strategy

The Louisiana State Employees’ Retirement System (LASERS) has revealed its vulnerability to Bitcoin (BTC) done a smaller involvement successful Strategy Inc. (NASDAQ: MSTR), formerly MicroStrategy.

This comes astatine a clip when Michael Saylor hinted astatine expanding Strategy's portion of the Bitcoin pie.

Related: Almost Half of Gen Z Wants a Retirement Account successful Crypto

Strategy’s presumption strengthened earlier this period aft MSCI opted not to exclude integer plus treasury (DAT) companies from its indices, sparing Strategy from imaginable delisting.

DAT firms clasp cryptocurrencies arsenic treasury assets successful a akin mode to accepted corporations maintaining currency reserves.

Between Jan. 5 and Jan. 11, Strategy made its biggest Bitcoin acquisition since July 2025, purchasing 13,627 BTC for $1.25 billion.

Year to date, MSTR shares person climbed 10.53%, though the banal remains down 55.36% implicit the past year.

Adding to speculation, Saylor posted “Bigger Orange” connected X connected Jan. 18, accompanied by a illustration showing Strategy’s Bitcoin accumulation since 2020, present representing astir 3% of the full BTC supply.

The station fueled capitalist anticipation that Strategy could soon denote different large purchase. Strategy volition besides share its fourth-quarter net connected Feb. 5, close aft marketplace close.

Strategy presently holds 687,410 BTC successful its coffers.

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Louisiana pension money manages $16 cardinal successful assets for much than 100,000 nationalist workers.

LASERS held 17,900 Strategy shares arsenic of Dec. 31, 2025, accounting for conscionable 0.02% of its portfolio, arsenic per a caller filing.

At MSTR's existent terms of $173.71 per share, the holdings are worthy $3.1 million.

Related: Crypto-Friendly Retirement Fund Legislation Sparks Controversy

This communicative was primitively published by TheStreet connected Jan 19, 2026, wherever it archetypal appeared successful the MARKETS section. Add TheStreet arsenic a Preferred Source by clicking here.