Big Fund Buys MicroStrategy, Nu Holdings Stock, Sells Dollar General and Celsius - Barron's
1. California pension fund boosts MicroStrategy investment in Q4. 2. MSTR shares rose 358% in 2024 but dropped 12% in 2025. 3. MicroStrategy's business model relies heavily on Bitcoin investments. 4. Calstrs now holds 285,785 shares of MicroStrategy. 5. Pension fund diversifying with active and passive strategies.