Michigan’s state pension fund tripled its exposure to Bitcoin in Q2, signaling growing institutional adoption despite recent ...

On Aug. 5, Michigan's state pension fund reported owning $10.7 million worth of 300,000 ARK 21Shares Bitcoin exchange-traded ...

Michigan Retirement System triples Bitcoin ETF stake to 300K shares as state pushes pro-crypto bills amid BTC's $113K support ...

The State of Michigan Retirement System has increased its Bitcoin exposure by tripling its shares of the ARK 21Shares Bitcoin ...

Michigan’s state pension fund has increased its exposure to Bitcoin through a significant purchase of the ARK 21Shares ...

The Michigan retirement fund increased its ARK Bitcoin ETF holdings to 300,000 shares in Q2, tripling its exposure to digital ...

Michigan is already the first US public pension system to invest in the cryptocurrency Ethereum ETF Holdings. Last November, ...

The total number of crypto reserve-related legislatures in the US has risen to 20 as Michigan becomes the latest state to propose a strategic Bitcoin reserve bill. Representatives Bryan Posthumus ...

Plenty. Michigan can follow the lead of New Hampshire, which just passed legislation to create a Bitcoin Reserve, allowing up to 5% of its $3.6 billion rainy day fund to be held in Bitcoin.

As of late July, the State of Michigan Retirement System had about $6.6 million invested in bitcoin, the most well-known form of cryptocurrency, said Ron Leix, a spokesman for the state treasury.

LANSING, MI — Sen. Jim Ananich, D-Flint, stirred up some of his supporters on Twitter this week after tweeting that he wanted to make Michigan the most pro-bitcoin state in the country.

In 2017, the dollar value of bitcoin and other digital currencies, known as cryptocurrencies, started to soar. The value of 1 bitcoin peaked that December at nearly $20,000, up from just over $200 ...