Updated Cryptocurrency Holdings and Bitcoin Lending Arrangement
TORONTO, ONTARIO, June 29, 2021. ‐ Cypherpunk Holdings Inc. (CSE: HODL, OTC:
KHRIF) (the “Company”), a sector leader for privacy-focused investments, is pleased to provide
a corporate update on the Company’s cryptocurrency holdings to shareholders and investors.
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
In addition, the Company has also purchased 511.9 ether (ETH) for an aggregate purchase price
of approximately $1.24 million CAD, inclusive of fees and expenses. The average price per ETH
was $2,413 CAD.
Lending of BTC
To generate further operating revenue, the Company has agreed to lend 100 BTC via an Open
Term Loan to Genesis Global Trading Inc. generating on average 2.5% interest per annum.
The Company currently has $3.3m CAD in cash on hand.
About Cypherpunk Holdings Inc.
Cypherpunk is set-up to invest in companies, technologies and protocols which enhance or protect
privacy. Its strategy is to make targeted investments in businesses and assets with strong privacy,
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
Cypherpunk Holdings Cautionary Note Regarding Forward-Looking Information at the following link.
Investor Relations Contacts:
Investor Relations, Cypherpunk Holdings Inc.