🟢 Cypherpunk Technologies is trading 12.6% up today after $39.4 million net income from ZEC gains

Cypherpunk Technologies is trading 12.6% up at $0.72 after investors continued digesting its August 12 second-quarter report, which showed $39.4 million in net income, primarily from a $46.0 million unrealized gain on ZEC holdings.

• Net income compared with a $16.6 million loss.
• Cypherpunk Technologies held 323,394.38 ZEC as of August 11.
• Bitcoin and Ethereum are up only 1.25% and 1.11%, respectively, since the August 14 close; crypto-market strength likely contributed but does not fully explain the move.