Cypherpunk Sells its Bitcoin Holding! Will Institutional Investors Follow Suit?
— Announced, Take another important case, 5 times, Interest, Ethereum, Market, Circulation recently, Canada, Total bitcoin holding, Cypherpunk holdings presently — 1 min read
Cypherpunk Holdings, Inc. announced the selling of the total Bitcoin holding in this ecosystem. The Canadian investment firm has sold its Bitcoin and ETH holdings. Now the question is whether other institutional investors will follow suit. BI software maker MicroStrategy has 121,044 Bitcoin holding, surpassing Tesla, the second position holder, by roughly 2.5 times. Aker ASA vowed to make a ‘forceful contribution’ to the crypto market despite losing US$16 million on its crypto investment. It has already spent nearly US$60 million on Bitcoin and is in no mood to sell them off. It remains optimistic that the marriage of blockchain technology and Bitcoin will bring in exciting industrial opportunities in the near future, if not exactly now. Source