Abstract: A memory storage circuit is provided which includes a plurality of magnetic elements each configured to store bits in a first or a second logic state. The storage circuit may further include a plurality of transistors coupled to at least two of the magnetic elements. Such a plurality of transistors may be collectively configured to store bits in the first and second logic states as well. The memory storage circuit may include circuitry configured to load bits from a set of the magnetic elements into the plurality of transistors. Another circuit is provided which includes a magnetic element interposed between a bit line and an electrode. The circuit may further include a first set of circuitry configured to induce current flow through the magnetic element in a direction from the electrode to the bit line. A method for operating a memory storage circuit with the aforementioned configurations is also provided.