Equity Stake in Chia Network The Company has been an investor in Chia Network Inc. (“Chia Network”) since July 2018, through its investment of USD $300,000 via a simple agreement for future equity (SAFE). Under the terms of the SAFE, on May 10, 2021, the Company received 19,860 shares of Series B Stock of Chia. […]
Douglas Harris is a Chartered Accountant and a Chartered Business Valuator with over 20 years of experience in the financial services sector, including accounting, corporate finance, private equity, and mergers and acquisitions, participating in over $2 billion of transactions. Mr. Harris holds an MBA (Accg) from the Rotman School of Management at the University of […]
The purchase by the Company of additional bitcoins was made in accordance with its newly updated capital allocation and treasury management strategy for the Company’s capital in excess of its working capital and other investment requirements. Under the Company’s current capital allocation plan, the Company intends to continue to maintain cash assets that are sufficient […]
H.C. Wainwright & Co. acted as the exclusive placement agent for the Private Placement. The net proceeds of the Private Placement are expected to be used by the Company to make investments in accordance with its investment strategy, including possible investments in cryptocurrencies and companies, technologies, and protocols that enhance or protect privacy, often in […]
H.C. Wainwright & Co. is acting as the exclusive placement agent for the Private Placement. The net proceeds of the Private Placement are expected to be used by the Company to make investments in accordance with its investment strategy, including possible investments in cryptocurrencies and companies, technologies, and protocols that enhance or protect privacy, often […]
Cypherpunk Holdings has been closely monitoring this space as the Internet of Things (IoT) continues to expand. IP addresses are widely used in privacy technologies such as Virtual Private Networks (VPNs) and various cybersecurity applications. The Company aims to lease the acquired addresses via the IPXO platform, which is a unique IP lease and monetization […]
Cypherpunk Holdings is pleased to announce the acquisition of 1,780 Monero tokens for CAD $500,000. This strategic investment underscores the Company’s commitment to becoming a leading entity in privacy-focused investments. According to Messari, Monero stands out as the world’s leading privacy asset by market capitalization (https://messari.io/asset/monero). Further details about Monero can be found at getmonero.org. […]
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 […]
The net proceeds from the Offering will be utilized in accordance with the Company’s investment strategy, focusing on cryptocurrencies, companies, technologies, and protocols that enhance or protect privacy, often within the blockchain ecosystem. In connection with the Offering, certain eligible finders received cash commissions totaling $17,550. All securities issued in connection with the Offering will […]
The dividend, paid entirely in Bitcoin, amounted to 2.7 BTC with a recorded value of $106,110 USD. This payment was received on January 11, 2021. In November 2019, Cypherpunk Holdings acquired ordinary shares of zkSnacks from its founding shareholders, representing 4.5% of the issued and outstanding ordinary shares of zkSnacks, for an aggregate purchase price […]
Under the terms of the transaction, Cypherpunk Holdings invested an initial €100,000 via a convertible loan agreement, which also includes the right to participate in NGRAVE’s Series A financing round for an additional undisclosed amount, expected in the first quarter of 2021. The ZERO is touted as the most secure hardware wallet ever made, forming […]
The Company intends to use the net proceeds from the Offering to make potential follow-on investments in certain of its current portfolio companies, invest in new private companies in the blockchain and privacy sector, as well as increase its holdings in select cryptocurrencies. Part of the private placement offering is considered a related party transaction […]
The increase in Bitcoin holdings is a result of the full liquidation of positions in Monero (XMR) and Ethereum (ETH), as well as the partial use of proceeds from a private placement of $505,000 CAD that closed on August 27th, 2020. During October 2020, Cypherpunk Holdings Inc. was added to the unofficial list of public […]
Each Unit is comprised of one common share (each a “Common Share”) in the capital of the Company and one half of one whole Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to purchase one additional Common Share at an exercise price of C$0.10 until August 27, 2022. All […]
Each Unit consists of one common share (a “Share”) of the Company and one half of one common share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder to purchase one additional Share of the Company at an exercise price of C$0.10 for a period of 24 months. Mr. Guoga, already a substantial shareholder […]