Cypherpunk Boosts Solana Holdings, Liquidates Animoca Shares
Company Announcements

Cypherpunk Boosts Solana Holdings, Liquidates Animoca Shares

Story Highlights

Cypherpunk Holdings Inc (TSE:HODL) has released an update.

Cypherpunk Holdings Inc., a Canadian-based investment firm focused on the blockchain ecosystem, has notably increased its Solana (SOL) stake to over 86,000 units worth $21.6 million and has begun to generate revenue from Solana staking. The company has also reported a decrease in Bitcoin holdings, now at 56.29 BTC, and has liquidated its investment in Animoca Brands for $5.1 million, contributing to the company’s current cash position of $4.9 million.

For further insights into TSE:HODL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskSol Strategies Inc. Embraces Solana Ecosystem with Rebrand
TipRanks Canadian Auto-Generated NewsdeskCypherpunk Holdings Welcomes New Board Member
TipRanks Canadian Auto-Generated NewsdeskCypherpunk Holdings Rebrands to Sol Strategies Inc.
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App