The increase in Bitcoin holdings comes as a partial use of the proceeds from a private placement of $2,980,120 CAD that closed on January 15, 2021. This investment further solidifies Cypherpunk’s position among companies with substantial Bitcoin treasuries, aligning with industry leaders such as MicroStrategy, Square, and Galaxy Digital Holdings. The unofficial list of public companies with significant Bitcoin holdings can be found on the Bitcoin Treasuries website at https://bitcointreasuries.org/.
About Cypherpunk Holdings Inc.
Cypherpunk is a company set up to invest in companies, technologies, and protocols that enhance or protect privacy. Its strategy involves making targeted investments in businesses and assets with strong privacy features, often within the blockchain ecosystem, including select cryptocurrencies. Current equity investments include Samourai Wallet, Wasabi Wallet, Chia, NGRAVE, and Hydro 66.
Cautionary Note Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable securities laws. Generally, any statements that are not historical facts may contain forward-looking information, and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or indicates that certain actions, events, or results “may”, “could”, “would”, “might” or “will be” taken, “occur” or “be achieved”. Forward-looking information includes, but is not limited to, the Company’s intention to complete the private placement offering and its goal of making investments in the blockchain and other sectors and enhancing value. There is no assurance that the Company’s plans or objectives will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management’s beliefs, estimates, and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates, and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.
Investor Relations Contact:
Veronika Oswald
Investor Relations,
Cypherpunk Holdings Inc.,
veronika@cypherpunkholdings.com
Office: 416.599.8547
