Updated BTC Holding and Purchase of ETH The Company has increased its total bitcoin (BTC) holdings to 386 BTC for an aggregate purchase price of approximately $1.24 million Canadian dollars (CAD), inclusive of fees and expenses. The average price per bitcoin was $47,541 CAD. This represents a net increase since April 13, 2021 of 26 […]
Chief Economist and director of Cypherpunk Holdings, Jon Matonis, has joined the Cypherpunk Guild Council as a representative of the Company. The Cypherpunk Guild Council is a new initiative funded entirely by the NEAR Foundation to support the development of privacy infrastructure on the NEAR Protocol blockchain platform and beyond, and to increase the overall […]
Toronto, Ontario–(Newsfile Corp. – June 16, 2021) – Cypherpunk Holdings Inc. (CSE: HODL) (OTC Pink: KHRIF) (“Cypherpunk” or the “Company”), a sector leader for privacy-technology investments, is pleased to announce that shareholders voted in favour of all resolutions presented in its management information circular at the annual meeting (the “Meeting”) held on June 16, 2021. […]
Mr. Cawrey has significant experience driving growth in blockchain businesses, in senior roles for almost a decade. He first became involved with blockchain technology at CoinDesk, one of the largest information resources in the cryptocurrency industry, where he has been contributing since 2013. Mr. Cawrey has worked on and advised many blockchain-based projects, including as […]
At the Meeting, the Company’s shareholders will be asked to elect the director nominees proposed by management of the Company as described in the Circular, and to re-appoint Davidson & Company LLP as auditors of the Company and to authorize the directors to fix their remuneration. The Company also announces that, since mailing the Circular […]
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 […]