Cypherpunk Technologies (CYPH) Stock: Zcash Treasury Pivot, Winklevoss Backing and 2026 Forecast Explained
Cypherpunk Technologies Inc. (NASDAQ: CYPH) has stormed into the spotlight after a radical pivot from small‑cap biotech to what is effectively a listed Zcash (ZEC) treasury vehicle backed by the Winklevoss twins. The stock has been halted, squeezed, sold by insiders, loved by day‑traders and treated with caution by Wall Street — all in under a month. As of the close on December 9, 2025, CYPH finished at $1.62, up 39.66% on the day, with a 52‑week range of roughly $0.22–$3.70 and a market cap around $90–92 million. Finviz+1 This article walks through the latest news, the Zcash strategy, analyst