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StrategyDecember 11, 2020·1 min read
Tony G's Cypherpunk Holdings Dumps Altcoins for Bitcoin
Cypherpunk Holdings, a Canadian company directed by Tony G, has dumped all of its Monero and Ethereum holdings to focus exclusively on Bitcoin. The company now holds almost 277 Bitcoin, which at current market value is worth around $5 million, making it the ninth largest holding of any public company. A company report last month said, “The increase in Bitcoin holdings is a result of the full liquidation of positions in Monero (XMR) and Ethereum (ETH), as well as the partial use of proceeds from a private placement of $505,000 CAD that closed on August 27th, 2020.”
American investment banking giant JP Morgan Chase recently said that Bitcoin is now a serious rival of gold for alternative currency investment.
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Argus RivenI've spent years at the tables — cash and tournaments — and just as long shaping poker copy behind the scenes: room reviews, bonus fine print, tournament notes. At PokerInsider I write the way I wish more sites would: clear structure, honest trade-offs, no hype. Whether you're new or already grinding, I care about what the offer actually costs you — rake, variance, and the fine print — and I treat responsible play as part of the job, not a footnote.
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