Blockchain investment firm Cypherpunk Holdings renamed itself Sol Strategies.
On September 13, Cypherpunk Holdings, a Canadian company specializing in blockchain investments, announced that it would change its name to "Sol Strategies" to reflect its new Solana-centric investment strategy.
The shift includes pledging Solana and investing in the projects and infrastructure of the agreement. The change of the company's legal name from "Cypherpunk Holdings Inc." to "Sol Strategies Inc." became effective on September 12, 2024 and was unanimously approved by the company's board of directors and shareholders at the company's general meeting held on July 30, 2024.
Sol Strategies will continue to trade on the Canadian Stock Exchange (CSE) under the symbol HODL and on the OTC market under the symbol CYFRF.
Previously, in August, according to public filings, Cypherpunk Holdings bought another 23,000 SOLs, increasing its total holdings to 86,294 ($21.6 million).