Louisiana Pension Fund Dives Into Bitcoin-Did Someone Say Treasure? 🪙🚀

by

In a move that has Wall Street whispering and pensioners choking on their porridge, Louisiana’s LASERS fund-yes, that venerable piggy bank for all state employees-has decided to dip its toes into the murky waters of Bitcoin, and not with a mere toe, but quite possibly a whole leg! 🦵💸

Apparently, the folks in Baton Rouge have cracked open their treasure chest and snatched up 17,900 shares of Strategy, the Bitcoin treasury firm, which gives them an eye-watering exposure of a modest $3.2 million to the digital gold rush-the ultimate game of hide and seek, but with stocks. Bitcoin

Reports from the ever-reliable Bitcoin Treasuries platform inform us that LASERS, with its whopping $15.6 billion in assets, has turned a tiny corner of its vast empire toward Bitcoin-because who doesn’t like a little volatile spice in their financial stew? The 24-hour volatility jittered around 2.5%, just enough to keep the accountants on their toes. Market cap for Bitcoin? A neat $1.86 trillion-more zeros than a telephone directory! 📞✨

JUST IN from the financial grapevine: Louisiana’s pension fund, known for its reserved conservatism, is holding 17,900 shares of Strategy, worth $3.2 million, in Bitcoin’s treasury basket. Because what could possibly go wrong? 🧐

– BitcoinTreasuries.NET (@BTCtreasuries) January 19, 2026

Bitcoin Makes It Onto the State Chill List

Our good old Louisiana now joins a parade of other states-Texas, Arizona, Michigan, and the like-who have apparently decided that Bitcoin’s a pretty nifty asset for their treasury, or at the very least, a fun way to spice up their investment portfolios. Texas led the charge in June 2025 with a cool $10 million in Bitcoin, because building a ‘digital treasure island’ is all the rage. Meanwhile, other states, perhaps a tad more cautious, diversify through ETFs or proxy stocks, keeping their hands clean while their eyes twinkle at the potential prize.

Strictly Business: Pension Funds Usually Play It Safe

While LASERS is out there, rummaging through the digital coin jar, most pension funds prefer to keep their hands in their pockets, avoiding the wild rollercoaster of direct Bitcoin ownership. They’re busy telling themselves it’s all about fiduciary duty-and perhaps a dash of good old-fashioned fear of losing their shirts. 🧥💥

Major players like New York’s Retirement Fund and California’s Teachers’ System prefer to dabble via ETFs or crypto-adjacent investments, giggling nervously at the edge of the abyss. Meanwhile, a bold few-such as Houston’s bravely-named Firefighters Relief-have gone full throttle with Bitcoin, throwing in a cool $25 million back in 2021.

Guess what? As of early 2026, Houston’s firemen are enjoying the digital bonfire, with Bitcoin soaring above $90,000-outperforming many of their more conservative cousins. The firemen’s fund originally bought in at about $65K, proving once again that sometimes, bravery (and a good investment strategy) pays off! 🔥💰

Read More

2026-01-19 23:46