Cypherpunk Holdings SOL holdings increased to 630,000
According to a statement on Tuesday, Cypherpunk Holdings has significantly increased its holdings of Solana tokens, with the number of SOL tokens in the wallet of the Toronto, Canada-based public investment firm exceeding 63,000, worth nearly $14 million, up from 6,131 SOL last month.
In addition to buying SOL, the company also announced that it will run its own Solana validator and use its own Solana nodes to pledge 49,917 tokens (worth about $11 million), the majority of its holdings. It is also implementing a SOL options trading strategy.
Last month, the company disclosed that it had started investing in Solana, buying about $1 million worth of Solana at an average price of $163.11 each. Around the same time, Cypherpunk sold nearly $1 million of shares in Animoca Brands, a Hong Kong-based meta-universe company, its second-largest holding.