The publicly listed company Cypherpunk has recently made a significant move to increase its ZEC holdings, purchasing 56,418.09 tokens in one go for a total of $29 million, with an average cost of $514.02. With this operation, the company now holds 290,062.67 ZEC, accounting for approximately 1.76% of the total circulating supply.

Even more interesting, Cypherpunk's CEO Will McEvoy has made a bold statement — their next goal is to increase ZEC holdings to 5% of the circulating supply. This is not a trivial number; jumping from the current 1.76% to 5% means they will need to continue adding to their position. Such large-scale holdings often signal institutional confidence in a project for the long term. As a representative project of privacy computing, ZEC has recently attracted considerable attention from institutions.