Cantor Fitzgerald purchased over $1 billion worth of MSTR stocks in the fourth quarter
According to Bitcoin Magazine, Cantor Fitzgerald, led by Howard Lutnick, purchased over $1 billion worth of MSTR stocks in the fourth quarter, which is their largest position. The average purchase price was $229 and has already increased by 47%. Lutnick now serves as the U.S. Secretary of Commerce and is responsible for managing Trump's new sovereign wealth fund.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Elon Musk's wealth hits a new high, with his net worth surpassing $600 billion for the first time
Bank of America Report: With Crypto Regulation Taking Shape, Banks Are Accelerating Toward an On-Chain Future
Nasdaq plans to extend stock and trading product hours to 23 hours