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Jul 1, 2022
1 min read
Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum
On Tuesday, the Canada-based investment firm #Cypherpunk Holdings Inc. announced that the company has sold all of its #Bitcoin and Ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 Bitcoin and 205.82 #Ethereum.
#Amphorium #cryptocurrency
