Louisiana Pension Fund LASERS Acquires $3.2M Bitcoin Exposure via Strategy

Louisiana Pension Fund Exposes to Bitcoin

The Louisiana state pension fund (LASERS) has acquired 17,900 shares in Bitcoin treasury firm Strategy, indirectly exposing itself to Bitcoin.
LASERS' total value is $15.6 billion, with Strategy stock accounting for approximately $3.2 million.

Increasing Government Interest in Bitcoin

State programs across the US, including pension funds, are increasingly holding Bitcoin directly or through ETFs and proxy stocks.
Texas was the first US state to add Bitcoin to its treasury, purchasing $10 million worth of BTC in 2025.
Other states like Arizona, Michigan, Montana, and Tennessee have proposed their own Bitcoin reserves.

Pension funds typically avoid direct exposure to volatile assets like Bitcoin; instead, they opt for ETFs or investments in crypto-related firms.
New York, California, and Florida pension funds have invested heavily in Strategy stocks ($MSTR).
The Houston Firefighters Relief and Retirement Fund (HFRR) made a notable $25 million investment in Bitcoin and other cryptocurrencies in 2021.
As of January 2026, HFRR outperforms similar funds, with Bitcoin prices above $90K compared to their initial purchase price of $65K.