Cypherpunk Technologies Reports Second Quarter 2026 Financial Results
Cypherpunk Technologies reported Q2 2026 net income of $39.4 million, or $0.18 per diluted share, reversing a net loss of $16.6 million in the prior year. The profitability was driven by a $46.0 million unrealized gain on the company's ZEC treasury as the price of ZEC appreciated from $243 to $400 during the quarter. The company increased its ZEC holdings to 323,394.38 tokens, representing 1.92% of the circulating supply and valued at $129.4 million at quarter end. Cash position totaled $7.6 million, while R&D expenses dropped significantly to $0.2 million following clinical trial completions and a reduction in force.
Key figures
- Eps
- 0.18
- Cash
- $7.6 million
- Net income
- $39.4 million
- Rnd expenses
- $0.2 million
- G and a expenses
- $4.5 million
- Zec price q2 end
- $400.09
- Zec treasury value
- $129.4 million
- Zec unrealized gain
- $46.0 million
- Zec treasury holdings
- 323,394.38 ZEC
AI analysis
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