---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-113698"
form_type: "8-K"
ticker: "CYPH"
cik: "0001509745"
company_name: "CYPHERPUNK TECHNOLOGIES INC."
filed_at: "2025-11-18T23:59:59+00:00"
generated_at: "2026-05-16T18:45:24.302633+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cypherpunk buys additional $18M of Zcash, now holds 1.43% of network

## Summary
- Purchased 29,869.29 ZEC for $18M at average price $602.63/ZEC on November 18, 2025.
- Total ZEC holdings now 233,644.56 at average cost $291.04, representing 1.43% of the Zcash network.
- Initial acquisition of 203,775.27 ZEC for $50M at $245.37/ZEC was disclosed November 12, 2025.

## SEC filing metadata
- accession: 0001104659-25-113698
- form_type: 8-K
- ticker: CYPH
- cik: 0001509745
- company_name: CYPHERPUNK TECHNOLOGIES INC.
- filed_at: 2025-11-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1509745/000110465925113698/0001104659-25-113698-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1509745/000110465925113698/tm2531584d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-113698
- JSON: https://secwatch.observer/filing/0001104659-25-113698.json
- Plain text: https://secwatch.observer/filing/0001104659-25-113698.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.