Cantor Fitzgerald’s $3B Bitcoin Initiative: A Bold Step Towards Institutional Crypto Adoption
Cantor Fitzgerald, led by Brandon Lutnick, is set to launch a $3 billion Bitcoin investment vehicle, following in the footsteps of MicroStrategy’s successful strategy. This initiative, developed in collaboration with SoftBank, Tether, and Bitfinex, underscores the growing institutional interest in Bitcoin and its potential as a mainstream asset. As of April 2025, this move signals a significant milestone in the crypto space, reflecting confidence in Bitcoin’s long-term value proposition.
Cantor Fitzgerald Plans $3B Bitcoin Initiative Mimicking MicroStrategy
Cantor Fitzgerald, under the leadership of Brandon Lutnick, is preparing to launch a multibillion-dollar Bitcoin investment vehicle, mirroring the strategy that has propelled MicroStrategy to prominence. The firm is collaborating with SoftBank, Tether, and Bitfinex to manage up to $3 billion in Bitcoin assets, signaling a bold bet on institutional crypto adoption. MicroStrategy’s success—bolstered by its recent purchase of 6,556 BTC, bringing its total holdings to over 538,000 BTC—has demonstrated how aggressive Bitcoin accumulation can enhance corporate value. Cantor’s move reflects a growing trend among traditional finance players to embrace digital assets as a CORE holding.
El Salvador Proposes Crypto Sandbox to SEC in Bold Cross-Border Move – Is Bitcoin In?
El Salvador has approached the U.S. SEC with a proposal for a cross-border crypto sandbox, aiming to create a regulatory testing ground for digital assets. The meeting on April 22 involved El Salvador’s National Commission on Digital Assets (CNAD), U.S. law firm Perkins Law, and former Goldman Sachs partner Heather Shemilt. The sandbox would allow both countries to experiment with crypto projects under relaxed regulations initially, helping shape future policies. While Bitcoin isn’t explicitly mentioned, its inclusion is a key question given El Salvador’s adoption of BTC as legal tender.
Metaplanet Keeps Buying Bitcoin, Now Holds 5,000 BTC
Metaplanet has added 145 BTC to its holdings, spending approximately $13.6 million at an average price of $93,327 per bitcoin. As of April 24, 2025, the company’s total Bitcoin holdings reached 5,000 BTC, with a cumulative acquisition cost of around $428.1 million and an average purchase price of $85,621 per BTC. The firm has achieved a 121.1% year-to-date return on its Bitcoin investments in 2025, showcasing its strong confidence and performance in the cryptocurrency market.
Bitcoin’s April Rally Driven By Institutions, While Retail Flees ETFs: Coinbase Exec
Bitcoin’s surge to $93,000 in April was fueled by institutional investors and sovereign wealth funds quietly accumulating the cryptocurrency, according to Coinbase Institutional’s John D’Agostino. While retail investors withdrew capital from spot ETFs, deep-pocketed institutions Leveraged their "patient pools of capital" to build positions. "Institutions, sovereigns, patient pools of capital were piling in," D’Agostino noted on CNBC. "Retail via the ETF were exiting. So you’ve got to ask yourself, what do the institutions know?" This institutional conviction is now taking formal shape, with initiatives like Twenty One Capital, a new Bitcoin investment firm backed by Tether and Bitfury, emerging in the market.
New Hampshire Bitcoin Bill Advances in Legislative Process
New Hampshire’s Senate Finance Committee approved the Bitcoin Reserve Bill (HB 302) with a decisive 4-1 vote, signaling growing political support for cryptocurrency adoption in the state. The legislation, which proposes establishing a Bitcoin reserve, now moves closer to potential enactment. This development reflects a broader trend of state-level crypto policy experimentation amid ongoing national debates about digital asset regulation.
Metaplanet Expands Bitcoin Treasury to 5,000 BTC Amid Strategic Accumulation
Metaplanet, a Tokyo-listed hotel company, has significantly bolstered its Bitcoin holdings, reaching a milestone of 5,000 BTC. The firm’s treasury now holds approximately $428.1 million worth of Bitcoin, acquired at an average cost of $85,621 per coin. In its latest move, Metaplanet purchased an additional 145 BTC at an average price of $93,327, totaling $13.6 million. The company’s aggressive accumulation strategy has yielded a 121.1% Bitcoin yield year-to-date in 2025, a proprietary metric reflecting the effective increase in Bitcoin per share. This strategic focus underscores Metaplanet’s commitment to Bitcoin as a core reserve asset, isolating gains purely from its acquisition strategy while neutralizing other market variables.
