PANews reported on February 15 that according to Cointelegraph, according to documents submitted to the U.S. Securities and Exchange Commission on February 14, the Wisconsin Investment Commission, the agency responsible for supervising Wisconsin pension funds, increased its Bitcoin holdings to approximately US$321 million.

The Wisconsin pension fund previously disclosed in a filing with the U.S. Securities and Exchange Commission in May 2024 that it held $164 million in Bitcoin ETFs. At the time, the pension fund held approximately 2.4 million shares of BlackRock iShares Bitcoin Trust (IBIT), worth $100 million, and 1 million shares of Grayscale Bitcoin Trust (GBTC), worth $64 million. The pension fund's latest filing shows that the fund has allocated all of its BTC exposure to IBIT and no longer holds any GBTC shares.

The Wisconsin Investment Board's increased investment in Bitcoin highlights a trend among pension funds to allocate part of their assets to Bitcoin to hedge against monetary inflation and diversify their portfolios.