You Won’t Believe How Much Cypherpunk Just Spent on Zcash! 😲💸

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So, Cypherpunk is beefing up its Zcash stash in 2025-56,418 ZEC for a cool $29 million. They’re aiming for a whopping 5% of the total supply. I mean, who doesn’t want to own a piece of digital privacy, right? 🤔

Cypherpunk Technologies just decided to drop $29 million like it’s pocket change to snag 56,418.09 ZEC at an average price of $514.02 per token. Now their grand total sits at 290,062.67 ZEC, which is about 1.76% of the whole shebang in circulation. Who knew privacy could be this pricey? 😂

Are They Hoarding ZEC or Just Really into Privacy?

CEO Will McEvoy (great name, by the way) insists this acquisition is all part of some master plan to grab 5% of the Zcash network. You know, just your typical corporate strategy: “Let’s buy a bunch of coins because we think digital privacy is worth something!” What a concept! 🌈

So, Cypherpunk just invested $29 million to get more ZEC at an average price of $514.02. Their total holdings now? A staggering 290,062.67 tokens, which is-wait for it-about 1.76% of the circulating supply.

– Wu Blockchain (@WuBlockchain)

This latest splurge is just one of many strategic buys throughout 2025. Earlier, they shelled out $18 million in November and reached 1.43% of the circulating supply. At this rate, they’ll have the whole thing before you know it! 🏦

Related Reading: Zcash News: Arthur Hayes Says Zcash Could Hit $1,000 as Privacy Becomes a Buzzword| Live Bitcoin News

The company, which was called Leap Therapeutics (not suspicious at all), is now laser-focused on Zcash as a strategy. Backed by Winklevoss Capital-because why not-Cypherpunk is using its treasure chest to cash in on privacy-oriented digital assets. Who needs regular assets anyway? 😅

Investors are looking at this move like it’s the best thing since sliced bread. With 1.76% ownership, Cypherpunk has a decent stake, and analysts are already saying that this accumulation could shake things up in the Zcash scene. Talk about making a splash! 💦

What’s Next? More ZEC, Obviously!

Cypherpunk is planning to keep adding more ZEC until they hit that magical five percent network target. They’re emphasizing disciplined buying, which sounds fancy, but really means “We’re watching the market, don’t worry!” 🙄

The 2025 acquisitions show how companies are finally getting serious about privacy-focused cryptocurrencies. Finally, some recognition! Cypherpunk’s strategy is riding the wave of a trend where corporate treasuries are investing in privacy coins. Who knew being secretive could be so profitable? 🤷‍♂️

By slowly stacking ZEC, Cypherpunk hopes to flex some serious muscle within the network. Plus, they plan to share their “treasury management” wisdom with other privacy tech projects. Multitasking at its finest! 🎪

All in all, Cypherpunk’s expansion highlights the big role institutional investors are playing in the world of privacy cryptocurrencies. Even if the market goes haywire, they’re sticking to their guns about accumulating Zcash while enhancing their privacy game. Talk about a long-term vision! 🏆

With 2025 acquisitions under their belt, the company is all set to keep pushing this accumulation strategy while showing off their loyalty to privacy-centric digital assets. Cypherpunk’s quest for that 5% ownership is a testament to their discipline and keen eye on the ever-changing crypto circus. 🎪

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2025-12-30 20:22