Cypherpunk Holdings Inc. (CSE: HODL) (OTC Pink: KHRIF) (“Cypherpunk” or the “Company”) has sold an additional 350,000 ordinary shares of Animoca Brands Corporation Limited (“Animoca”) at an average price of CAD $3.73, resulting in total proceeds of CAD $1,305,500. The Company retains 1.2 million shares of Animoca and continues to explore a strategic relationship with Animoca, following its recent investment in TheGoats.io. Over the past five months, Cypherpunk has achieved a 265% profit on its Animoca shares.
In another development, Cypherpunk has received a dividend from zkSnacks Limited, the developer of the Wasabi Wallet. The dividend, totaling 3.06 BTC (valued at CAD $168,810), represents a 13.3% increase from the previous year’s dividend of 60 BTC. Since its acquisition of zkSnacks shares in November 2019, Cypherpunk has received a total of 5.76 bitcoins in dividends from Wasabi Wallet.
Jeff Gao, CEO of Cypherpunk Holdings, remarked, “Wasabi is highly profitable and has been paying out nearly half of its net profits in dividends. We anticipate this trend will continue.”
About Cypherpunk Holdings Inc.:
Cypherpunk Holdings invests in assets and technologies that enhance or protect privacy, particularly within the blockchain ecosystem. Its current investments include Bitcoin, Ethereum, Samourai Wallet, Wasabi Wallet, Chia, NGRAVE, and Animoca Brands.
Officer/Director Contact:
Jeffrey Gao
Chief Executive Officer
jeff@cypherpunkholdings.com
Office: 1-647-946-1300
Investor Relations Contact:
Veronika Oswald
Investor Relations
veronika@cypherpunkholdings.com
Office: 1-647-946-1300