According to Odaily, Toronto-based investment firm Cypherpunk Holdings has increased its holdings of SOL by purchasing an additional 23,000 tokens, bringing its total to 86,294 SOL, valued at approximately $21.6 million. Concurrently, the company has reduced its Bitcoin holdings by approximately 110 BTC, leaving it with just over 52 BTC, valued at around $5.2 million. The firm utilized about 45 BTC to execute a buy order for 20,000 SOL options, with the remaining BTC sold for profit. Cypherpunk Holdings initially acquired Bitcoin in 2018.

In addition to these transactions, Cypherpunk Holdings has sold its Animoca stock, valued at $5.6 million. The company also holds $4.9 million in cash and $50,000 in other cryptocurrencies, including Chia Network. Furthermore, Cypherpunk has $442,000 invested in private equity and venture capital, with investments in companies such as Bitcoin wallet provider NGRAVE.