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Cypherpunk Technologies posts $39.4 million Q2 profit on $46 million unrealized gain from zcash:native holdings

Cypherpunk Technologies reported net income of $39.4 million in the second quarter, reversing a $16.6 million net loss in the year-earlier period, according to an SEC filing. Results were boosted by a $46 million unrealized gain on the company's zcash:native holdings, as the privacy-focused cryptocurrency climbed from $243 to $400 over the quarter.
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