Toronto, Ontario--(Newsfile Corp. - October 14, 2021) - Cypherpunk Holdings Inc. (CSE: HODL) (OTC Pink: KHRIF) ("Cypherpunk" or, the "Company"), a sector leader for cryptocurrency, privacy and cryptography focused investments, is pleased to announce that it has acquired an additional 8,192 IP version 4 (IPv4) addresses.
As a result, Cypherpunk now holds a total inventory of 24,576 IPv4 addresses, of which 16,384 are currently being leased to third parties through existing contractual arrangements. The Company has also entered into an agreement to lease its recently acquired IPv4 addresses to customers on similar terms.
Tony Guoga, Cypherpunk's Chief Executive Officer, commented: "Cypherpunk is focused on a privacy technology thesis. As people wake up to the issues surrounding digital privacy, undervalued assets such as IPv4 can be expected to increase in value. This is why the Company continues to invest in scarce digital assets such as Ipv4 addresses and why we believe that our acquisition of additional IPv4 addresses will yield a healthy return."
About Cypherpunk Holdings Inc.
Cypherpunk was established to invest in currencies, companies, technologies and protocols, which enhance or protect privacy. Its strategy is to make targeted investments in businesses and assets with strong privacy attributes, often within the blockchain ecosystem, including select cryptocurrencies. Current equity investments include Bitcoin, Ethereum, Samourai Wallet, Wasabi Wallet, Chia and NGRAVE.
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable securities laws. Generally, any statements that are not historical facts may contain forward-looking information, and forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or indicates that certain actions, events or results "may", "could", "would", "might" or "will be" taken, "occur" or "be achieved". Forward-looking information includes, but is not limited to the Company's expectation or belief regarding its investment in Ipv4 addresses, the Company's intention to lease the addresses and the expected returns from its investment. There is no assurance that the Company's plans or objectives will be implemented as set out herein, or at all. Forward- looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.
Officer/Director Contact:
Daniel Cawrey
Chief Operating Officer
dan@cypherpunkholdings.com
Office: 1-647-946-1300
Investor Relations Contact:
Veronika Oswald
Investor Relations
veronika@cypherpunkholdings.com
Office: 1-647-946-1300
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/99670