U.S. Commerce Secretary’s fund up $800M on MSTR bet

Howard Lutnick’s fund, Cantor, is sitting on an $800 million gain from its MicroStrategy position — now making up 40% of its portfolio.

Since Lutnick became U.S. Commerce Secretary in February, MSTR stock has surged.

As of May 5, MicroStrategy holds 555,450 BTC worth over $33 billion.

Insider trading?

We’re not saying that.

Just asking.