Commerce Secretary’s Firm Allocates 39% to MicroStrategy

Howard Lutnick, the current United States Secretary of Commerce and CEO of Cantor Fitzgerald, has made a bold financial statement— allocating 39.2% of his firm’s leading stock holdings to MicroStrategy (MSTR) . Known for its massive Bitcoin reserves, MicroStrategy serves as a proxy for investing in the cryptocurrency itself. In Cantor Fitzgerald’s stock holdings map, MSTR clearly dominates, overshadowing major names like Nvidia (NVDA), Tesla (TSLA), and AMD. This level of concentration is rare for a firm of this size and profile, especially under the leadership of a high-ranking government official. Such an aggressive position in a Bitcoin-linked stock , while simultaneously serving in a key federal economic role, adds intrigue to Lutnick’s dual influence in both public policy and private markets. It may suggest a broader institutional warming toward crypto assets. “>

Source: Coinpaprika