U.S. pension funds are shouldering losses of over $300M due to investments in Strategy
11 pension funds hold nearly 1.8 million shares of Strategy, currently valued at ~$240M, down sharply from $577M at the time they first announced. This corresponds to a paper loss of $337M.
Of these, 10 funds are experiencing losses greater than 60% on their investment. Specifically, shares of MSTR from Strategy have also lost 76% of their value in the past 6 months.
Despite the heavy losses, the good news is that the weight of MSTR in the portfolios of these pension funds is very low (only 0.01% – 0.04% of total assets)
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