Selling Bitcoin doesn’t mean you’re not bullish: Cypherpunk CEO

Cointelegraph

Published Aug 09, 2022 02:00PM ET

Updated Aug 10, 2022 04:00PM ET

Despite a massive wave of liquidations on the cryptocurrency market, some companies that sold their crypto over the past few months are not bearish on Bitcoin (BTC) at all.

Canada-based investment firm Cypherpunk Holdings was one of the companies that opted to sell crypto amid the crypto winter of 2022, liquidating 100% of its Bitcoin and Ether (ETH) by June. One of the first public companies in the world to ever invest in Bitcoin, Cypherpunk said at the time that it maintained its long-term “bullish outlook on crypto” despite selling all its digital coins.

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