Canadian investment company Cypherpunk Holdings has just announced it has increased its BTC holdings. Since June 30, the company's investments in the crypto have increased by 72,979 BTCs ($1.2M).
Cypherpunk has increased its investment in the benchmark crypto as a result of the complete liquidation of its positions in Ether (ETH) and Monero (XMR). In addition, the company has raised 505,000 Canadian dollars or $388,000. As a result, 276,479 BTCs, or $4.7M at the current exchange rate, are now under the firm's control.
According to Bitcoin Treasuries, Cypherpunk currently ranks 12th among public companies in terms of Bitcoin holdings. Cypherpunk is listed on the Canadian Securities Exchange under the ticker HODL.
According to the company's website, in addition to crypto assets, it has stakes in Wasabi Wallet, Samourai Wallet and the blockchain platform Chia.
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