According to public documents, Cypherpunk Holdings, an investment company based in Toronto, Canada, bought another 23,000 SOLs, increasing its total holdings to 86,294 ($21.6 million). Cypherpunk also reduced its holdings by about 110 BTC, and now holds just over 52 BTC ($5.2 million). According to its public documents, the company used about 45 of these bitcoins to execute a buy order for 20,000 SOL options, and sold the rest for profit. The company bought its first batch of bitcoins in 2018. The company also sold its Animoca shares worth $5.6 million. In addition to $4.9 million in cash, Cypherpunk also holds $50,000 in other crypto tokens such as Chia Network, and $442,000 in private equity and venture capital, including investments in Bitcoin wallet company NGRAVE.