CalSTRS holds major stakes in Microsoft and Micron, while a Trump executive order allows crypto in 401(k) plans.
1 report, 1 independent
Updated Aug 22
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
CalSTRS holds major stakes in Microsoft and Micron, while a Trump executive order allows crypto in 401(k) plans.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- A new executive order allows 401(k) plans to invest in Bitcoin, while Riot Platforms begins mining Bitcoin.Sub-event
CalSTRS increases tech holdings (Microsoft/Micron) and Trump enables crypto in 401(k)s.1 source
Keep exploring
The entities involved
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Bitcoin
digital cash system and associated currency
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Microsoft
American multinational technology corporation
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Micron Technology
American multinational corporation based in Boise, Idaho
- Semiconductor companies like SanDisk, Kioxia, and Micron are seeing market shifts due to increased production capacity.
- The chip industry, including Micron Technology, Intel, and Samsung Electronics, is facing pressure due to the high costs of the AI infrastructure buildout and investor expectations regarding the AI boom.
Related events
- Norges Bank Investment Management holds significant shares in both Nvidia, an AI chip giant, and Microsoft, a major tech firm.
- Micron Technology's stock is currently traded on the Nasdaq exchange.
- Sumitomo Mitsui Trust Holdings, Inc. decreased its position in Micron Technology shares on November 1, 2026.
Coverage
Newest first; wire copies grouped- TheStreetUS's third-largest pension fund makes big investment move The California State Teachers' Retirement System (CalSTRS), which is the third-largest public pension fund in the U.S., has indirectly invest