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US-listed company Cypherpunk announces $29 million ZEC increase
Deep Tide TechFlow News, December 30th, according to Prnewswire, the US-listed company Cypherpunk Technologies Inc has increased its Zcash (ZEC) holdings to 290,062.67 coins, accounting for approximately 1.76% of Zcash’s circulating supply.
This time, Cypherpunk purchased an additional 56,418.09 ZEC, worth about $29 million, with an average purchase price of $514.02 per coin. The company’s total average purchase price for all ZEC held is currently $334.41 per coin.
Cypherpunk Chief Investment Officer Will McEvoy stated that the company continues to pursue its goal of holding 5% of the Zcash network.