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Cypherpunk increased holdings by approximately 56,000 ZEC, spending about $29 million
On December 30, Cypherpunk Technologies Inc. (Nasdaq: CYPH) announced that it purchased 56,418.09 ZEC tokens at an average price of $514.02, costing approximately $29 million. Currently, the company’s total ZEC holdings amount to 290,062.67 tokens, accounting for about 1.76% of the current circulating supply of ZEC. Cypherpunk’s CEO Will McEvoy stated that the goal is to increase ZEC holdings to 5% of the circulating supply.