Cantor Fitzgerald has purchased $68 million worth of Strategy shares so far this year.

According to Odaily, Wall Street bond trading giant Cantor Fitzgerald has purchased 429,361 shares of a certain exchange's stock so far this year, valued at approximately $68 million. Earlier this month, the company set a 12-month target price of $229 for the exchange's stock, about 59% lower than the previous expectation of $560, but reiterated its "overweight" rating and remains optimistic in the long term. (BTCtreasuries)