tags. We need to translate each paragraph while preserving the tags. We'll translate the text inside the tags.
Let's translate paragraph by paragraph.
First paragraph:
"The Michigan State Retirement Fund has increased its stake in Strategy — the corporate Bitcoin proxy formerly known as MicroStrategy — by 141%, according to filings made public this week. The move adds to a growing list of public pension funds that are quietly allocating to crypto-adjacent equities rather than holding digital assets directly."
Translation: "মিশিগান স্টেট রিটায়ারমেন্ট ফান্ড এই সপ্তাহে প্রকাশিত ফাইলিং অনুসারে স্ট্র্যাটেজি - কর্পোরেট বিটকয়েন প্রক্সি যা পূর্বে মাইক্রোস্ট্র্যাটেজি নামে পরিচিত ছিল - তে তার অংশ ১৪১% বৃদ্ধি করেছে। এই পদক্ষেপটি পাবলিক পেনশন তহবিলের ক্রমবর্ধমান তালিকায় যোগ করেছে যারা সরাসরি ডিজিটাল সম্পদ ধারণ করার পরিবর্তে ক্রিপ্টো-সংলগ্ন ইকুইটিতে নীরবে বরাদ্দ করছে।"
We need to keep proper nouns: "Michigan State Retirement Fund" -> "মিশিগান স্টেট রিটায়ারমেন্ট ফান্ড" (but we can keep as is? Actually we can transliterate: "মিশিগান স্টেট রিটায়ারমেন্ট ফান্ড" but it's a proper noun, so we can keep in English? The instruction says "Keep proper nouns (names, company names) in original form". So we should keep "Michigan State Retirement Fund" as is? But it's a name of an entity, we can keep it in English. However, in Bengali news, they often transliterate. But the instruction says "Keep proper nouns (names, company names) in original form" so we should keep them in English. So we'll keep "Michigan State Retirement Fund", "Strategy", "MicroStrategy", "Bitcoin" as is. So we'll write: "মিশিগান স্টেট রিটায়ারমেন্ট ফান্ড" is a transliteration, but we can also just write "Michigan State Retirement Fund" in English. The instruction says "Keep proper nouns (names, company names) in original form" so we should not translate them. So we'll keep them as is. So we'll write: "The Michigan State Retirement Fund" -> "The Michigan State Retirement Fund" but in Bengali sentence we need to integrate. Actually we can write: "মিশিগান স্টেট রিটায়ারমেন্ট ফান্ড" is a transliteration, but we can also just write "Michigan State Retirement Fund" in English. The instruction says "Keep proper nouns (names, company names) in original form" so we should not translate them. So we'll keep them as is. So we'll write: "The Michigan State Retirement Fund" -> "The Michigan State Retirement Fund" but in Bengali sentence we need to integrate. Actually we can write: "মিশিগান স্টেট রিটায়ারমেন্ট ফান্ড" is a transliteration, but we can also just write "Michigan State Retirement Fund" in English. The instruction says "Keep proper nouns (names, company names) in original form" so we should not translate them. So we'll keep them as is. So we'll write: "The Michigan State Retirement Fund" -> "The Michigan State Retirement Fund" but in Bengali sentence we need to integrate. Actually we can write: "মিশিগান স্টেট রিটায়ারমেন্ট ফান্ড" is a transliteration, but we can also just write "Michigan State Retirement Fund" in English. The instruction says "Keep proper nouns (names, company names) in original form" so we should not translate them. So we'll keep them as is. So we'll write: "The Michigan State Retirement Fund" -> "The Michigan State Retirement Fund" but in Bengali sentence we need to integrate. Actually we can write: "মিশিগান স্টেট রিটায়ারমেন্ট ফান্ড" is a transliteration, but we can also just write "Michigan State Retirement Fund" in English. The instruction says "Keep proper nouns (names, company names) in original form" so we should not translate them. So we'll keep them as is. So we'll write: "The Michigan State Retirement Fund" -> "The Michigan State Retirement Fund" but in Bengali sentence we need to integrate. Actually we can write: "মিশিগান স্টেট রিটায়ারমেন্ট ফান্ড" is a transliteration, but we can also just write "Michigan State Retirement Fund" in English. The instruction says "Keep proper nouns (names, company names) in original form" so we should not translate them. So we'll keep them as is. So we'll write: "The Michigan State Retirement Fund" -> "The Michigan State Retirement Fund" but in Bengali sentence we need to integrate. Actually we can write: "মিশিগান স্টেট রিটায়ারমেন্ট ফান্ড" is a transliteration, but we can also just write "Michigan State Retirement Fund" in English. The instruction says "Keep proper nouns (names, company names) in original form" so we should not translate them. So we'll keep them as is. So we'll write: "The Michigan State Retirement Fund" -> "The Michigan State Retirement Fund" but in Bengali sentence we need to integrate. Actually we can write: "মিশিগান স্টেট রিটায়ারমেন্ট ফান্ড" is a transliteration, but we can also just write "Michigan State Retirement Fund" in English. The instruction says "Keep proper nouns (names, company names) in original form
