In October 2021, Cypherpunk Holdings announced a strategic agreement with MiningStore to expand its crypto investment portfolio into Bitcoin mining.
Under the deal, Cypherpunk purchased 25 Bitmain S19J Pro miners and entered a managed mining and profit-sharing agreement with MiningStore, which will host and operate the equipment at its Iowa facility.
This partnership marks a shift for Cypherpunk from solely acquiring cryptocurrency to becoming a direct supplier through MiningStore’s turnkey mining infrastructure.