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Winklevoss-Backed Cypherpunk Buys $18M More Zcash, Bringing Holdings to $150M
Yahoo Finance·2025-11-19 23:34

Cypherpunk Technologies (CYPH), a digital-asset treasury firm backed by Gemini founders Cameron and Tyler Winklevoss, said it added 18millionworthofZcash(ZEC)toitsbalancesheet.Thefirmdiscloseditpurchased29,869tokensatanaveragepriceof18 million worth of Zcash (ZEC) to its balance sheet. The firm disclosed it purchased 29,869 tokens at an average price of 602.63, boosting its total holdings to 233,644 ZEC, currently worth roughly 150million.Thepurchasefollowedthefirmsinitial150 million. The purchase followed the firm's initial 50 million investment . Together, the firm now controls about 1.43% of Zcash’s total circulating supply. Cypherpunk has ...