Cypherpunk has made a significant investment in Zcash, purchasing $29 million worth of the privacy-focused cryptocurrency. This acquisition adds 56,418 ZEC to its holdings, bringing its total to over 290,000 ZEC, which represents 1.7% of Zcash's circulating supply. The firm aims to increase its stake to 5% as part of its strategy to focus on privacy assets. Zcash has experienced a remarkable surge in 2025, with its value increasing by over 860%, outperforming many major altcoins. Cypherpunk's investment underscores its commitment to privacy coins amid a bullish trend in the digital asset market.