U.S. state retirement fund boosts MicroStrategy stake despite stock downgrade
It has been a tumultuous cycle for Michael Saylor-led Strategy (Nasdaq: MSTR), formerly MicroStrategy. The company's stock has lost 65% of its value since Oct. 1 last year.
Recently, the leading Bitcoin (BTC) treasury company posted financial results for the fourth quarter of 2025 when it reported a net loss of $12.4 billion.
Worse, a market bank has lowered the firm's price target by 20%. But it hasn't stopped a major state retirement fund from increasing its stake in Strategy.
Related: Charles Schwab quietly
It has been a tumultuous cycle for Michael Saylor-led Strategy (Nasdaq: MSTR), formerly MicroStrategy. The company's stock has lost 65% of its value since Oct. 1 last year.
Recently, the leading Bitcoin (BTC) treasury company posted financial results for the fourth quarter of 2025 when it reported a net loss of $12.4 billion.
Worse, a market bank has lowered the firm's price target by 20%. But it hasn't stopped a major state retirement fund from increasing its stake in Strategy.
Related: Charles Schwab quietly
2 months ago
