Overview
- On Dec. 30, Cypherpunk purchased 56,418.09 ZEC for approximately $29 million at an average price of $514.02 per token.
- The company’s total holdings now stand at 290,062.67 ZEC, or about 1.76% of circulating supply, with a blended cost basis of $334.41 per ZEC.
- Executives reiterated the 5% accumulation target as part of a broader push into privacy-preserving technologies.
- Reaching the 5% goal would require roughly 540,000 additional ZEC at recent prices and substantial additional capital, according to market reporting.
- As a public issuer, Cypherpunk says it will disclose material updates via SEC filings and company channels and highlights volatility, regulatory and concentration risks in its forward-looking statements.