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205.8209 ETH 214.7203 BTC Bitcoin Bitcoin (BTC) BTC and ETH BTC balance sheet BTC Treasury Canada Canada-based investment firm Cash cash and stables crypto assets Cypherpunk Holdings Cypherpunk Holdings CEO drawdowns Jeff Gao News risk risk reward

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

Jun 30, 2022 Robert Brown

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…

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