Cantor Fitzgerald bought over $1 billion worth of MSTR stocks in Q4 last year

PANews reported on February 17th, according to Bitcoin News, that bond trading giant Cantor Fitzgerald, under the previous leadership of Howard Lutnick, purchased over $1 billion worth of MicroStrategy (MSTR) stocks in the fourth quarter of 2024, making it the largest shareholder of the company. The average purchase price was $229 and these stocks have now increased by 47% in value.

Lutnick is currently serving as head of a sovereign wealth fund newly established by US President Trump and also holds the position of Secretary of Commerce.