Well, butter my biscuits! Leap Therapeutics Turns Into a Digital Gold Mine, Doubling Its Money Faster Than a Jackrabbit on a Date đ„ł
What to Know, If You Want to Keep Up with the Lunacy:
- That fancy company Leap Therapeutics (LPTX), which once was all about fighting cancer but is now dabbling in digital pixie dust, raised nearly $60 million thanks to some Winklevoss capers-and promptly bought a pile of Zcash for $50 million.
- They scooped up those shiny tokens at about $245.37 a pop, and wouldn’t you know it, theyâve more than doubled in value. Well, butter my biscuit, what a surprise! đ©
- Now the outfit is rebranding to Cypherpunk Technologies-sounds like something out of a spy novel-and will start trading as CYPH this Thursday, for those who like their investments spicy.
Thatâs right, folks. The once humble biotech firm Leap, which was busy fighting cancer and raising nearly $60 million-probably to buy fancy microscopes or something supernatural-has switched gears faster than a cat on a hot tin roof. Now theyâre playing with digital treasures, buying $50 million worth of Zcash, which is a cryptocurrency claiming to hide more secrets than a spy novel. đ”ïžââïž
And if that werenât enough, theyâre changing their name to Cypherpunk Technologies-sounds like a secret society, or a fancy new cocktail-and will start trading as CYPH come Thursday, assuming the stock market doesnât throw a fit.
Meanwhile, Zcash has shot up like a rocket, doubling in value since Leapâs big buy, and now itâs worth over $523. Thatâs more than a yard of banjo-playing, just for comparison. And Leapâs shares? They surged 369% on Wednesday, probably because folks love a good gamble thatâs more exciting than watching paint dry.
The big-shot digital asset treasuries are playing a game of âletâs sell some things and buy more magic internet money,â just like that Michael Saylor fellow did with Bitcoin. But lately, the partyâs been quieter than a church on Sunday, with many of these companiesâ share prices dropping faster than a lead balloon. đ
“The reason these digital treasury companies have gone south is because theyâre relying on quick-flip money-that mercenary lot,” said Will McEvoy, the big cheese at Cypherpunks. “Weâre building a gang of folks who believe in Zcash and privacy-not just chasing shiny objects for a quick buck.”
Zcash, mind you, is designed to keep your secrets safer than Aunt Pollyâs secret recipe, offering more privacy than those noisy cryptocurrencies like Bitcoin. Cypherpunkâs bigwigs see ZEC as a secret weapon against Big Brotherâs prying eyes-because who doesnât want to hide their cookie jar from the neighborhood watch? đȘ
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2025-11-13 01:17