**Crypto Insight**
**Billionaire CEO from Wall Street, Top Trump Donor, Unveils His Bitcoin Holdings! What’s His BTC Stash?**
Howard Lutnick, the head of Cantor Fitzgerald, which oversees $13.2 billion in assets, recently shared intriguing insights about his Bitcoin (BTC) investments and his views on Donald Trump.
In a recent podcast with Anthony Pompliano, Lutnick revealed that he possesses millions of dollars in Bitcoin. He emphasized that he regards Bitcoin not as a currency but as a commodity, reiterating his previous stance. Lutnick mentioned that they perceive market downturns as opportunities, consistently purchasing during these dips.
The prominent CEO disclosed that his Bitcoin holdings are valued at hundreds of millions of dollars, predicting that the value of Bitcoin will continue to ascend. He confidently stated that his BTC assets could reach billions in the coming year. “As I’ve mentioned before, Bitcoin isn’t money; it’s a commodity, akin to gold or oil. Its inherent scarcity and the nature of its mining contribute to its lasting value and growth potential,” stated Lutnick.
He also expressed optimism about the increasing acceptance of Bitcoin among institutional investors, forecasting that this trend would further drive up its price.
**A Major Donor to Donald Trump!**
Lutnick, a known supporter of Trump, affirmed that he believes Donald Trump is the best candidate for affluent Americans. He praised Trump’s policies, highlighting the former president’s commitment to American workers and economic growth, as well as his advocacy for cryptocurrency and plans to implement tariffs.
Fox Business correspondent Eleanor Terrett noted on X that the cryptocurrency sector has contributed over $200 million to political action committees (PACs), candidates, and organizations. According to her post, significant contributors to Trump’s campaign include Lutnick, who donated $6.4 million, the Winklevoss twins from Gemini, who contributed $2.04 million, and Kraken founder Jesse Powell, who gave $844,943.
*This article does not constitute investment advice. For those interested in exploring over 300 cryptocurrencies, consider registering with Binance exchange using this link for a 20% commission discount!*
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