Cypherpunk Q1 net loss $77.2M as $77.6M unrealized ZEC loss hits earnings

CYPHERPUNK TECHNOLOGIES INC.

2026-Q1 EPS reported -$0.46

Net loss $77.2M vs $15.4M YoY; $77.6M unrealized loss on ZEC marked to market.
ZEC price fell from $508.09 to $240.47 in Q1; ZEC holdings valued at $73.8M on March 31.
ZEC treasury increased to 314,185.70 ZEC (1.88% of circulating supply), avg cost $337.86.
Invested $5M into Zcash Open Development Labs (ZODL) alongside a16z, Coinbase, Paradigm.
FDA granted Fast Track designation for sirexatamab in DKK1-high metastatic colorectal cancer.

item 2.02item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.