Project Progress

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Cypherpunk Acquires Zcash Mining Fleet for 43.3 Million Shares; CYPH Stock Rises 15.85%

Cypherpunk Technologies (NASDAQ: CYPH) issued 43,290,042 prepaid warrants to Winklevoss Treasury Investments as consideration for its $33.33 million acquisition of a Zcash mining enterprise; CYPH shares rose 32.85% to $1.07 on Aug. 19. Financial Structure of the Cypherpunk Warrant Transaction The $33.33 million acquisition was paid for with warrants rather than cash. The transaction details are as follows: Number of warrants: 43,290,042 prepaid warrants for common shares, all issued to Winklevos
ZEC9.46%
MarketWhisper·2h ago
Cypherpunk以4330萬股股票購入Zcash挖礦車隊