According to Foresight News, the Financial Times has reported that Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick, is close to finalizing a deal involving a company with ties to Cantor Fitzgerald to purchase several billion dollars' worth of Bitcoin. Cantor Equity Partners 1 is in the final stages of negotiations with Adam Back, founder of cryptocurrency trading group Blockstream Capital, to acquire over $3 billion in Bitcoin. The agreement could be reached as early as this week.

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