Cypherpunk Holdings, a sector leader for blockchain, metaverse, privacy and cryptography focused investments, would like to announce updates on Cryptocurrency Holdings and Company's Strategy. Crypto markets remain in a deep risk off environment. There remains risk of further significant drawdowns in asset prices across the crypto sector. In the interest of all shareholders, the company transitioned its treasury to cash. This transition prepares our business to take advantage of investment opportunities we believe will become available after a substantial recapitalization of certain projects.