The Alaska Retirement Management Board, managing $46 billion for 100,000 public employees, holds 19,804 shares of Strive Inc., a Bitcoin treasury company. This stake, valued at $216,000, represents a tiny 0.0005% of the fund and comes through passive equity investments, not direct crypto purchases. Strive holds about 20,020 BTC, making it a significant Bitcoin holder, and its inclusion in indexes means passive funds like Alaska's gain indirect Bitcoin exposure without active decisions. For Alaska's public employees, this exposure is minimal but signals growing institutional acceptance of Bitcoin in retirement portfolios.
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