According to Crypto Rover, North Carolina has introduced bills that would permit the inclusion of cryptocurrency investments in pension funds. This legislative move could potentially increase demand for cryptocurrencies as institutional investors gain new avenues for investment. Traders should monitor this development as it may signal increased adoption and market entry by large financial entities. Source: Crypto Rover on Twitter.

According to Crypto Rover, twelve US states have collectively invested $330 million in MicroStrategy (MSTR) through pension funds or Treasury holdings as of Q1. This suggests a growing institutional interest in Bitcoin, given MicroStrategy's significant Bitcoin reserves. Traders should note the increasing adoption of Bitcoin by state-level investment entities, which could influence MSTR's market liquidity and price volatility.