Cypherpunk Holdings Inc. Announces Updated Bitcoin Holdings

TORONTO, ONTARIO, Canada, January 29, 2021 – Cypherpunk Holdings Inc. (“Cypherpunk”
or the “Company”)
(CSE: HODL) a sector leader for privacy-technology investments is pleased to
announce that it has increased its total Bitcoin (BTC) holdings to BTC 291.64. This represents a net
increase since September 30, 2020 of 27.9 BTC.

The increase in Bitcoin holdings is a partial use of proceeds from a private placement of $2,980,120
CAD that closed on January 15th, 2021.

During October 2020, Cypherpunk Holdings Inc. was added to the unofficial list of public companies
with a treasury position in Bitcoin alongside other companies such as MicroStrategy [MSTR], Square
[SQ], and Galaxy Digital Holdings [GLXY]. The web site for Bitcoin Treasuries can be found at

About Cypherpunk Holdings Inc.

Cypherpunk is a company 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.

Cautionary Note Regarding Forward-Looking Information

Investor Relations Contacts:
Veronika Oswald
Investor Relations, Cypherpunk Holdings Inc.
Office: 416.599.8547

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