The post Zcash News: Cypherpunk Buys $29M in ZEC, Expands Holdings to 1.76% of Supply appeared on BitcoinEthereumNews.com. Cypherpunk strengthens Zcash holdingsThe post Zcash News: Cypherpunk Buys $29M in ZEC, Expands Holdings to 1.76% of Supply appeared on BitcoinEthereumNews.com. Cypherpunk strengthens Zcash holdings

Zcash News: Cypherpunk Buys $29M in ZEC, Expands Holdings to 1.76% of Supply

Cypherpunk strengthens Zcash holdings in 2025, acquiring 56,418 ZEC and aiming for 5% of total circulating supply.

Cypherpunk Technologies has expanded its Zcash position by investing $29 million to purchase 56,418.09 ZEC. The average price of $514.02 per token was used to carry out the transaction. Following this acquisition, total holdings stood at 290,062.67 ZEC, which represents around 1.76 percent of the total supply of ZEC in circulation on the network.

Strategic ZEC Accumulation Highlights Corporate Privacy Focus

CEO Will McEvoy stressed that the acquisition is part of Cypherpunk’s long-term strategy to have 5 percent of the Zcash network. He added that growing ZEC position puts the company in a good position for a market with increasing value for digital privacy. The firm also wants to grow initiatives in privacy-preserving technology.

This latest acquisition is part of a string of strategic acquisitions throughout 2025. Notably, a previous $18 million purchase in November brought holdings to 1.43 percent of the circulating supply of Zcash. With the current purchase, Cypherpunk’s cumulative average acquisition value is now $334.41 per token.

Related Reading: Zcash News: Arthur Hayes Sees Zcash Rally Toward $1,000 as Privacy Narrative Strengthens| Live Bitcoin News

The company is a biotechnology company, which was previously called Leap Therapeutics, and Zcash is now exclusively focusing on it as a strategic hedge. Backed by Winklevoss Capital, Cypherpunk uses its treasury to extract long-term value from privacy-oriented digital assets. The strategy emphasizes the increasing relevance of privacy in financial technology.

Investors see the move as a sign of confidence in the market potential of Zcash. With 1.76 percent of the network, Cypherpunk has a meaningful stake. Analysts point out that incremental accumulation may have an impact on liquidity and trading dynamics in the Zcash ecosystem.

Market Impact and Future Growth Plans

Cypherpunk intends to keep adding ZEC to meet its five percent network target. The company emphasized disciplined execution, with the purchases being based on the market conditions and liquidity constraints. Management believes this is a balance between long-term growth and management of risk.

The 2025 acquisitions support corporate interest in privacy-focused cryptocurrencies. Companies are increasingly looking at digital privacy as a critical asset class. Moreover, Cypherpunk’s strategy is part of a larger industry trend towards investing corporate treasuries into privacy coins.

By slowly building ZEC holdings, Cypherpunk hopes to gain power inside the network. The firm also expects to incorporate what it learns from its treasury management into other privacy-preserving technology efforts. This dual focus may help in the future with product innovation.

Overall, Cypherpunk’s expansion points to the ever-increasing role institutional investors have played in privacy cryptocurrencies. Despite any short-term variations in the market, the company is not deviating from the stance of accumulating Zcash alongside improving the general privacy activities. This strategy establishes Cypherpunk as one of the corporate leaders of the Zcash ecosystem.

With 2025 acquisitions in hand, the company is continuing to implement its accumulation strategy while signaling long-term faith in privacy-oriented digital assets. Cypherpunk’s plan to achieve five percent ownership is a mark of discipline and foresight in the changing crypto markets.

Source: https://www.livebitcoinnews.com/cypherpunk-buys-29m-in-zec-expands-holdings-to-1-76-of-supply/

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