Several U.S. public pension funds are now dealing with steep losses after investing heavily in Strategy, the Bitcoin-focused company led by Michael Saylor. As Bitcoin prices continue to slide, the value of these investments has shrunk by roughly $337 million. Data shows that 10 out of 11 pension funds tied to Strategy have recorded losses of around 60%, highlighting how deeply the ongoing crypto downturn is cutting into institutional portfolios. The pain intensified as Strategy’s stock price plunged by 67%, mirroring the broader sell-off in digital assets. What once looked like a bold treasury strategy tied to Bitcoin’s growth has
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