đ° $ZEC News Update
Cypherpunk Technologies has added $29 million worth of ZEC to its treasury, further strengthening its bet on privacy-focused crypto.
đč The company purchased 56,418 ZEC in its latest buy
đč Total holdings now stand at ~290,000 ZEC
đč This equals nearly 2% of Zcashâs circulating supply
đč Cypherpunk has hinted at a long-term goal of holding up to 5% of total ZEC supply
This move highlights growing institutional confidence in Zcash and its role as a leading privacy coin.
With a large portion of supply moving into long-term hands, many are watching closely for potential supply-side impact on ZEC.
ZEC
234.57
-3.91%
đ Privacy narrative heating up again?