Cypherpunk Increases Holdings of approximately 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, with a total investment of approximately $29 million. The company's total ZEC token holdings now stand at 290,062.67, representing about 1.76% of the current ZEC token circulation. CEO of Cypherpunk, Will McEvoy, stated that the goal is to increase the ZEC holdings to 5% of the circulating supply.