Cypherpunk Acquires Around 56,000 ZEC, Spending Around $29 Million

BlockBeats News, December 30th, Cypherpunk Technologies Inc. (Nasdaq: CYPH) announced today that it has purchased 56,418.09 ZEC tokens at an average price of $514.02, spending approximately $29 million. The company's total holding of ZEC tokens now stands at 290,062.67, representing about 1.76% of the current ZEC circulating supply.

Cypherpunk CEO Will McEvoy stated that the goal is to increase the ZEC holdings to 5% of the total circulating supply.