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

According to Odaily Planet Daily, Wall Street bond trading giant Cantor Fitzgerald has purchased 429,361 shares of Strategy so far this year, worth approximately $68 million. Earlier this month, the company set a 12-month price target of $229 for Strategy stock, about 59% lower than its previous target of $560, but reiterated its "overweight" rating, remaining bullish in the long term. (BTCtreasuries)