Cypherpunk Posts Q2 Net Income of $39.4M; ZEC Holdings Rise to 323,394
Cypherpunk Technologies (Nasdaq: CYPH) reported its second-quarter 2026 results, posting net income of $39.4 million, or about $0.18 in diluted EPS, versus a net loss of $16.6 million a year earlier, according to Mars Finance citing a PR Newswire release. The swing to profit was largely attributed to a $46 million unrealized gain from the fair value of the company's ZEC holdings as ZEC climbed from $243.35 to $400.09. As of Aug. 11, 2026, Cypherpunk's Zcash position totaled 323,394.38 ZEC at an average cost of $341.83, equal to roughly 1.92% of circulating supply and worth about $129.4 million at current prices.