California's largest pension fund, the Public Employees' Retirement System, has expanded its MicroStrategy position following a fresh buy of 22,475 shares in mid-February. The move brings the fund's total stake in the bitcoin treasury company to approximately 470,632 shares, translating to roughly $59 million in market value. With CalPERS overseeing over $611 billion in assets under management, this strategic accumulation of MSTR positions underscores growing institutional appetite for companies embracing cryptocurrency treasury strategies. The uptick reflects confidence among major institutio