Howard Lutnick, CEO of Cantor Fitzgerald, revealed in a podcast interview that he owns millions of dollars worth of Bitcoin (BTC) and believes its price will continue to rise. He reiterated his belief that Bitcoin is not a currency but a commodity, comparing it to gold or oil. Lutnick stated that he sees declines in the price of Bitcoin as buying opportunities and plans to accumulate more, with the goal of his BTC holdings reaching billions of dollars next year. He also expressed his support for former President Donald Trump, praising his policies and listing his good points. In a separate report, it was revealed that Lutnick was one of the top donors to Trump, along with the Winklevoss twins and Jesse Powell, founder of Kraken.



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