Zcash treasury firm Cypherpunk has introduced a brand new buy as the privateness narrative continues to realize momentum. This newest buy additionally comes as ZEC is on target to finish the yr as one of many best-performing property, outperforming Bitcoin, and valuable metals gold and silver.
Zcash Treasury Company Buys $29 Million Worth of ZEC
In a press release, Cypherpunk introduced that it has acquired an extra 56,418.09 ZEC for about $29 million at a mean value of $514.02 per ZEC. With this newest buy, the corporate now holds 290,062.67 ZEC, which represents 1.76% of the token’s circulating provide.
The Zcash treasury firm has acquired its complete holdings at a mean value of $334.41 per ZEC, properly above the current ZEC price. Commenting on the most recent buy, Cypherpunk’s CIO Will McEvoy famous that they proceed to execute on their objective of accumulating 5% of the community.
The Cypherpunk CIO additional remarked that as their Zcash place grows, they’re well-positioned for a market that’s repricing the societal significance of privateness. “We are excited to continue executing on our Zcash strategy while expanding our work across a broader set of privacy-preserving technologies and initiatives,” he added.
As CoinGape reported, the Winklevoss-backed company rebranded from Leap Therapeutics to Cypherpunk final month and introduced plans to start accumulating ZEC. The firm’s CEO, Douglas Onsi, famous how the token mirrors Bitcoin’s rise whereas emphasizing its function as the flagship crypto’s “encrypted counterpart.”
Meanwhile, it’s price noting that this newest buy comes amid Zcash’s reclaiming of the psychological $500 degree after a latest low of round $310. The privateness token at the moment boasts a year-to-date (YTD) achieve of over 800% and is on target to rank among the many best-performing property in 2025, topping Bitcoin and valuable metals gold and silver, which have additionally had notable runs this yr.
Cypherpunk’s Stock Rallies Over 2%
TradingView information exhibits that Cypherpunk’s inventory has rallied over 2% in premarket buying and selling amid the announcement of its newest Zcash buy. The inventory is at the moment buying and selling at round $1.21, up from yesterday’s shut of $1.18.
The CYPH inventory remains to be down nearly 60% year-to-date (YTD) from its January excessive of round $3.48. However, the inventory is notably up over 300% within the final six months, with these positive factors coming final month when it started accumulating Zcash.
BitMEX co-founder Arthur Hayes not too long ago predicted that ZEC might rally to $1,000 regardless of the downtrend in crypto prices, a transfer that could possibly be a constructive for CYPH inventory. Meanwhile, as a part of their 2026 predictions, a16z predicted that “privacy will be the most important moat in crypto,” a improvement that would spark extra demand for ZEC subsequent yr.
Privacy might be an important moat in crypto@alive_eth https://t.co/aa1NmMMgaZ pic.twitter.com/7Hs8R3SNHK
— a16z crypto (@a16zcrypto) December 29, 2025
