The post Florida Fund’s Alleged MSTR Allocation Lacks Verification appeared on BitcoinEthereumNews.com.

Key Points: Reports indicate an unverified $80M MSTR investment by a Florida fund. No official confirmation from primary sources. MicroStrategy’s recent market actions remain unimpacted. Reports suggest a $205 billion Florida retirement fund allocated $80 million to MicroStrategy, yet no official confirmation exists from credible sources or regulatory filings. Market reactions remain subdued due to unverified claims, with no significant asset impact or observed changes in on-chain data linked to this potential investment. Alleged $80M MSTR Investment Lacks Confirmation Recent reports suggest that a Florida retirement fund has invested $80 million in MicroStrategy (MSTR). However, primary sources remain silent, with no confirmations from relevant entities like the State Board of Administration (SBA) of Florida or MicroStrategy executives. According to the State Board of Administration (SBA), “Our official website and communications do not disclose or confirm any allocation to MSTR at this time.” Immediate consequences tell of no substantial asset impacts attributed to this event. Market data remains unaltered as verification is pending. Bitcoin’s market value — often linked with MSTR news — shows routine activity instead of reactions typical of large investments. Notable industry figures have refrained from commenting on the alleged report. Key online influencers, like Michael Saylor, remain silent on the matter. Bitcoin’s Stability Amidst Unverified Institutional Action Did you know? Institutional allocations to Bitcoin by large entities typically coincide with market price shifts, yet the alleged Florida fund investment in MSTR has not exhibited such trends due to lack of confirmation. As per CoinMarketCap, Bitcoin’s value at $109,364.71, with a market cap of 2.18 trillion USD, demonstrates a 1.49% 24-hour increase amid reports of potential market interventions. Despite these changes, the price over the past 90 days reflected modest growth by 3.84%. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 02:07 UTC on August 31, 2025. Source: CoinMarketCap…

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Filed under: News - @ August 31, 2025 2:12 am