Corporate Giants Strengthen Cryptocurrency Accumulation

Two notable players - Cypherpunk Technologies Inc. and Metaplanet Inc., have announced significant acquisitions of Zcash (ZEC) and Bitcoin (BTC) respectively, totaling over $477 million. These moves are taking place against the backdrop of the bullish market of 2025, where ZEC has risen by over 800%, and BTC continues to dominate as "digital gold".

Cypherpunk Doubles Down on Privacy with Zcash

Cypherpunk Technologies, a Nasdaq-listed company specializing in privacy technologies, announced on December 30, 2025, the acquisition of an additional 56,418.09 ZEC for approximately $29 million at an average price of $514.02 per coin. Following this transaction, the company's total Zcash holdings in its treasury increased to 290,062.67 ZEC, representing about 1.76% of the network's total circulating supply. The average acquisition price for the entire portfolio is $334.41 per ZEC.

Will McEvoy, CIO of Cypherpunk, commented:

"We continue to execute on our goal to accumulate 5% of the Zcash network. With the growth of our position in Zcash, we are well-positioned for a market that is reevaluating the societal importance of privacy. We are excited to continue our strategy with Zcash, expanding work on a broader range of privacy-preserving technologies and initiatives."

This purchase is part of Cypherpunk's broader strategy, which began in early 2025 with investments backed by Winklevoss Capital. The company has already accumulated ZEC worth hundreds of millions of dollars, contributing to the token's price growth to $750 per unit, surpassing the annual performance of BTC, gold, and silver. On X, users such as @sacha and @Anonymistxyz are actively discussing this news, noting the "bullish" impact on ZEC and support from the Winklevoss brothers.

Experts note that Cypherpunk's focus on privacy, particularly through the Zcash Orchard protocol, positions the company as a leader in the confidential cryptocurrencies segment.

"This is not just an investment – it's a statement about the future of privacy in the digital world," writes one analyst on CoinDesk.

Metaplanet Expands Bitcoin Treasury to Record Levels

The Japanese company Metaplanet Inc., known as the "Asian MicroStrategy,"reported on December 30, 2025, the acquisition of 4,279 BTC for approximately $451 million (¥69.855 billion) at an average price of ¥16,325,148 per BTC. This raised the company's total holdings to 35,102 BTC, valued at over $3.7 billion at current prices, with an overall average acquisition price of ¥15,945,691 per coin.

Metaplanet officially adopted Bitcoin as a key business direction back in December 2024, funding purchases through BTC options sales, stock issuances, and credit lines secured by Bitcoin. The company measures success using metrics like BTC Yield (percentage growth of BTC per share), BTC Gain, and BTC ¥ Gain, which allow isolating the effect of share dilution. For 2025, Metaplanet's BTC Yield reached 568.2%, demonstrating the strategy's effectiveness.

CEO Simon Gerovich noted that the purchases were funded through loans and new capital, emphasizing the accretive effect for shareholders. Metaplanet is the fourth-largest company with a Bitcoin treasury, and this purchase has renewed the buying spree after a summer pause. On X, the community is reacting with enthusiasm: "Institutions are loading up quietly," writes @LondonRealTV, referencing similar purchases earlier in the year.

Market Context

These acquisitions are occurring against the backdrop of a global crypto market boom in 2025. Bitcoin is holding above $90,000 and Zcash is leading in growth thanks to institutional interest in privacy. Analysts from The Block and Bitcoin Magazine predict the continuation of the corporate accumulation trend, which could push prices even higher.