TechFlow, November 18 — According to Prnewswire, Cypherpunk Technologies Inc. has purchased an additional 29,869.29 ZEC at an average price of $602.63 per ZEC, totaling $18 million. Previously, the company disclosed its initial acquisition of 203,775.27 ZEC for approximately $50 million, at an average purchase price of $245.37 per ZEC. Following this latest purchase, Cypherpunk's total ZEC holdings amount to 233,644.56 ZEC at an average price of $291.04, representing 1.43% of the entire ZEC network.
After this purchase, Cypherpunk’s total ZEC holdings account for 1.43% of the entire Zcash network. Cypherpunk Technologies Inc. is a company focused on privacy technology and blockchain investments and has previously increased its ZEC token holdings multiple times.
