Canadian blockchain investment company Cypherpunk Holdings has been renamed Sol Strategies
ChainCatcher news, the Canadian company Cypherpunk Holdings, focused on blockchain investment, today announced its name change to Sol Strategies to reflect its new Solana-centric investment strategy.
This transition includes staking Solana and investing in projects and infrastructure related to the protocol. The company's legal name has changed from Cypherpunk Holdings Inc. to Sol Strategies Inc., effective September 12, 2024, and was unanimously approved by the company's board of directors and shareholders at the company’s annual general meeting held on July 30, 2024.
Sol Strategies will continue to trade on the Canadian Securities Exchange (CSE) under the ticker symbol HODL and on the OTC market as CYFRF. The company began purchasing SOL in the second quarter of 2024 (when former Valkyrie CEO Leah Wald took over as CEO) and currently holds over 86,000 Solana (worth more than $11 million at current prices), most of which is staked for token rewards.