Cypherpunk Holdings becomes 9th largest public holder of Bitcoin

Cypherpunk Holdings becomes 9th largest public holder of Bitcoin

Canadian holding company dumped XMR and ETH to fund its acquisition. Cypherpunk Holdings (CSE:HODL), a privacy-focused Canadian investment company, has upped its stake in Bitcoin (BTC). The company disclosed Thursday that it has added 72.979 BTC to its reserves since June 30, 2020.Cypherpunk funded the acquisition by liquidating its holdings of Monero (XMR) and Ethereum (ETH), as well as through partial proceeds from a private placement of $505,000 CAD, or $388,000 U.S., closed on Aug. 27. With the purchase, Cypherpunk now has 276.479 BTC in its reserves, making it the ninth-largest public....


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