Cypherpunk Realizes 268% profit in 5 months
("Cypherpunk" or, the "Company"), a sector leader for blockchain, privacy and cryptography focused investments, is pleased to announce that it has disposed of further shares of Animoca Brand Corporation Limited ("Animoca Brands"), through secondary market trades.
To date, Cypherpunk Holdings has sold 1.5M shares in Animoca Brands for a VWAP of CAD $3.81 ($4.05 AUD). This translates to a 268% ROI over a 5 month holding period and total proceeds of CAD $5,401,149 from the sales.
Cypherpunk retains 500K ordinary shares in Animoca Brands which it expects to hold leading into the company's anticipated IPO.
About Cypherpunk Holdings Inc.
Cypherpunk was established to invest in currencies, companies, technologies and protocols, which enhance or protect privacy. Its strategy is to make targeted investments in businesses and assets with strong privacy attributes, often within the blockchain ecosystem, including select cryptocurrencies. Current equity investments include Bitcoin, Ethereum, Samourai Wallet, Wasabi Wallet, Chia, NGRAVE, and Animoca Brands.
Cautionary Note Regarding Forward-Looking Information
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