The video discusses how twelve US states have reported owning $330 million worth of shares in a company called Strategy, which buys Bitcoin. These states own these shares through their pension funds or treasury as of late 2024. California’s teacher retirement fund has invested the most in this company, owning 285,785 shares worth about $83 million. Strategy currently owns more Bitcoin than any other company in the world, holding 478,740 BTC worth around $46 billion. Many people buy Strategy shares as an easy way to invest in Bitcoin without directly purchasing the cryptocurrency. The video also mentions that there are rumors that 10 more states will invest in Bitcoin by the end of March. The video ends by thanking viewers for watching and promising more Bitcoin news in the future.
