Concerned Shareholders of Cypherpunk Holdings Inc Announce Intention to Requisition Shareholders Meeting
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Cypherpunk Holdings Inc Announces Investment into IP Address Sector
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Cypherpunk Holdings Inc. Announces Updated Bitcoin Holdings
Cypherpunk or the
Company ) 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, Square, and Galaxy Digital Holdings. The website for Bitcoin Treasuries can be found at https://bitcointreasuries.org/
Cypherpunk Holdings Inc. Announces Private Placement
Cypherpunk or the
Company ) is pleased to announce that it intends to complete a non-brokered private placement offering of up to 13,333,333 units (
Units ) of the Company at a price of C$0.15 per Unit (the
Offering ) raising gross proceeds of up to C$2,000,000. Each Unit consists of one common share (a
Common
Share ) of the Company and one half of one common share purchase warrant (a
Warrant ), with each whole Warrant entitling the holder to purchase one Common Share at an exercise price of C$0.25 for a period of 24 months from the date of issuance. The offering is expected to close on January 15, 2021.