[New post] Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum

BGC Admin posted: "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 2" Bitcoin Global Canada Risk of 'Significant Drawdowns' Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum BGC Admin Jun 30 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 as Cypherpunk Holdings continues "to see systemic risks propagating" across the […] Read more of this post Comment Unsubscribe to no longer receive posts from Bitcoin Global Canada. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.bitcoinglobal.ca/news-events/risk-of-significant-drawdowns-pushes-cypherpunk-holdings-to-sell-entire-stash-of-bitcoin-and-ethereum/ Powered by Jetpack