11 State Pension Funds Lose 60% on Strategy Shares As Bitcoin Declines

Eleven U.S. state pension funds are reporting significant losses after a Bitcoin decline dragged down Strategy stock. The funds collectively lost more than $330 million, exposing the risks of crypto-heavy investment strategies in public pensions. Pension Funds Hit Hard by Strategy Decline Public pension funds in New York, Florida, Wisconsin, North Carolina, New Jersey, Utah, […] Read The Full Article 11 State Pension Funds Lose 60% on Strategy Shares As Bitcoin Declines On Coin Edition.