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Cypherpunk Holdings bought 23,000 SOL again, with total holdings exceeding 86,000

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2024-08-01 17:51:22
According to public filings, Toronto-based investment firm Cypherpunk Holdings bought another 23,000 SOLs, increasing its total holdings to 86,294 ($21.6 million).
Cypherpunk also reduced its holdings by about 110 BTC and currently holds just over 52 BTC ($5.20 million). According to its public filings, the company used about 45 of those bitcoins to execute buy orders for 20,000 SOL options and sold the rest at a profit. The company bought its first batch of bitcoins in 2018. The company also sold its Animoca shares worth $5.60 million.
In addition to $4.90 million in cash, Cypherpunk holds $50,000 in other crypto tokens, such as Chia Network, as well as $442,000 in private equity and venture capital investments, including in bitcoin wallet company NGRAVE.
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