New York State Common Retirement Fund Sells $1.06 Million in Strategy Shares

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The New York State Common Retirement Fund sold 11,400 shares of MSTR, valued at $1.06 million, reducing its stake by 3%. Its remaining holdings of 319,850 shares are worth $29.8 million at MSTR’s price of $93.33. The fund, managed by State Comptroller Thomas P. DiNapoli, oversees $295 billion in assets for public employees and retirees. Traders analyzing this move may consider support and resistance levels as part of a broader value investing strategy in crypto.

PANews, July 30: According to BitcoinTreasuries.NET, based on the latest 13F filing submitted by the New York State Common Retirement Fund, the fund reduced its position in Strategy shares during the most recent reporting period, selling 11,400 shares valued at approximately $1.06 million—representing about 3% of its previous holdings—bringing its total stake down to 319,850 shares. Based on MSTR’s recent share price of $93.33, the remaining 319,850 shares are valued at approximately $29.8 million. The New York State Common Retirement Fund, overseen by New York State Comptroller Thomas P. DiNapoli, is one of the largest public pension plans in the United States, managing approximately $295 billion in assets and serving over one million state and local government employees, retirees, and beneficiaries.

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