Cypherpunk Technologies (Nasdaq: CYPH) reported Q2 2026 net income of $39.4 million, or $0.18 per diluted share, swinging from a $16.6 million net loss in the same period last year. The turnaround was driven primarily by $46 million in unrealized gains on its ZEC holdings, as ZEC rose from $243.35 to $400.09. As of August 11, 2026, the company held 323,394.38 ZEC at an average cost of $341.83, representing approximately 1.92% of total circulating supply, valued at roughly $129.4 million.
Cypherpunk Technologies (Nasdaq: CYPH) posted its second-quarter 2026 financial results and, per PR Newswire, reported net income of $39.4 million, or $0.18 per diluted share. Big reversal. In the same quarter a year earlier, the company had logged a $16.6 million net loss.
A lot of that comeback came from $46 million in unrealized gains on the company's ZEC holdings. The token's price rose from $243.35 to $400.09 over the quarter.
As of August 11, 2026, the company's Zcash inventory totaled 323,394.38 coins, bought at an average price of $341.83. That stash equals about 1.92% of ZEC's total circulating supply and, at current prices, was worth roughly $129.4 million.
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