 |
Veteran mining govt brings operational depth from Nakamoto, TeraWulf, Galaxy, and Constancy as Cypherpunk launches 4.2 GSol/s Zcash mining fleet
Cypherpunk Mining generated 3,023.13 ZEC in first weeks of operation; Added to Treasury
CAMBRIDGE, Mass., Sept. 22, 2026 /PRNewswire/ — Cypherpunk Applied sciences Inc. (Nasdaq: CYPH) (“Cypherpunk”), a privateness expertise firm, immediately introduced the appointment of Amanda Fabiano to its Board of Administrators.
Probably the most skilled operators in digital asset mining and infrastructure, Fabiano at the moment serves as Chief Working Officer of Nakamoto Inc., a publicly listed bitcoin-focused firm, and as an impartial director of TeraWulf Inc., a public bitcoin mining firm that has expanded into AI and high-performance computing infrastructure. Beforehand, she held senior mining and funding roles at Galaxy and Constancy, the place she helped construct among the earliest institutional digital asset mining applications.
“Amanda has spent her profession on the operational core of digital asset infrastructure constructing, scaling, and governing mining companies inside public corporations,” mentioned Douglas E. Onsi, President and Chief Govt Officer of Cypherpunk Applied sciences. “As we scale Cypherpunk Mining and proceed assembling our constellation of privateness applied sciences, her operational experience and public firm board expertise make her an distinctive addition to our Board.”
“I’m excited to hitch the Cypherpunk board and work alongside a crew constructing on the intersection of expertise, infrastructure, and privateness,” mentioned Amanda Fabiano. “I’ve spent my profession in infrastructure as a result of it sits on the coronary heart of how expertise scales and evolves. As our world turns into more and more digital, privateness and the flexibility for people to keep up management over their data will matter greater than ever. I’m excited to deliver my expertise to the board and be a part of what the crew is constructing.”
Fabiano’s appointment follows the August launch of Cypherpunk Mining™, with roughly 4.2 GSol/s of hashrate deployed throughout the US. Cypherpunk Mining generated 3,023.13 ZEC in mining rewards from August 18 to August 31, 2026, all of which have been added to the company treasury.
About Cypherpunk
Cypherpunk Applied sciences is a privateness expertise firm. The Firm’s mission is to advance applied sciences that assure privateness for people on the web. Cypherpunk pursues this mission by three major methods: mining Zcash by Cypherpunk Mining; accumulating Zcash by open market purchases; and investing in, buying, and constructing applied sciences that push the frontier of privateness ahead. Moreover, by its subsidiary Leap Therapeutics, the Firm is creating novel therapies for sufferers with most cancers by persevering with the event of sirexatamab and FL-501. For extra details about the Firm, go to our web sites at http://www.cypherpunk.com and http://www.leaptx.com or view our public filings with the SEC which are obtainable by way of EDGAR at http://www.sec.gov.
FORWARD-LOOKING STATEMENTS
This press launch contains forward-looking statements inside the that means of Part 27A of the Securities Act of 1933, as amended, Part 21E of the Securities Alternate Act of 1934, as amended. These forward-looking statements usually may be recognized by means of phrases similar to “anticipate,” “count on,” “plan,” “may,” “might,” “will,” “imagine,” “estimate,” “forecast,” “objective,” “challenge,” and different phrases of comparable that means. Ahead-looking statements tackle varied issues together with statements referring to the Firm’s ZEC mining operations, the hashpower represented by the acquired Z15 Professional machines, the Zcash movement or profitability of the Firm’s mining operations, the comparative economics or profitability of Zcash mining relative to different digital infrastructure or mining actions, the long run hashrate of the Zcash Community, the worth of the Firm’s ZEC holdings, the Firm’s goal share possession of the ZEC provide, the anticipated future market, worth, and liquidity of ZEC, the Firm’s anticipated use of Zcash movement or different capital generated by its mining operations, the potential worth of the Firm’s funding in Zcash Open Growth Labs (“ZODL”), the macro and political circumstances surrounding Zcash or digital property, the Firm’s plan for worth creation and strategic benefits, market measurement and progress alternatives, regulatory circumstances, aggressive place and the curiosity of different firms in related enterprise methods, technological and market tendencies, and future monetary situation and efficiency. Dangers and uncertainties of the Firm’s technique embrace, amongst others: (a) dangers referring to the Firm’s operations and enterprise, together with the efficiency of the Firm’s Zcash mining machines and the extremely risky nature of the value of ZEC; (b) the danger that materials adjustments within the worth of ZEC, similar to decreases in worth, will end in vital adjustments to the Firm’s monetary statements, similar to unrealized losses on truthful worth of ZEC holdings, and decreased web earnings or elevated web loss; (c) the danger that materials adjustments within the hashrate of the Zcash Community, similar to will increase in hashrate, will end in vital adjustments to the Firm’s monetary statements, similar to decreased income, decreased gross margins, and decreased web earnings or elevated web loss; (d) the danger that the value of the Firm’s frequent inventory could also be extremely correlated to the value of ZEC; (e) the danger that the Firm will fail to comprehend the anticipated advantages of the ZEC mining operation or digital asset treasury technique; (f) dangers associated to the custody of our ZEC and our reliance on Gemini Area Station and its associates for buying and selling and custody companies; (g) adjustments in enterprise, market, monetary, political and regulatory circumstances; (h) dangers associated to elevated competitors within the industries through which the Firm does and can function; (i) dangers referring to vital authorized, industrial, regulatory and technical uncertainty concerning digital property usually; (j) dangers referring to the remedy of crypto property for U.S. and overseas tax functions; and (ok) dangers associated to the Firm’s dependence on third-party internet hosting amenities and repair suppliers for its mining operations.
New dangers and uncertainties might emerge occasionally, and it’s not potential to foretell all dangers and uncertainties. No representations or warranties (expressed or implied) are made in regards to the accuracy of any such forward-looking statements. The Firm might not truly obtain the forecasts disclosed in such forward-looking statements, and you shouldn’t place undue reliance on such forward-looking statements. Such forward-looking statements are topic to numerous materials dangers and uncertainties together with however not restricted to these set forth below the caption “Danger Elements” within the Firm’s most up-to-date Annual Report on Type 10-Ok filed with the SEC, or as could also be included in different stories or data we file with the SEC, in addition to discussions of potential dangers, uncertainties, and different vital components in its subsequent filings with the SEC. Any forward-looking assertion speaks solely as of the date on which it was made. Neither the Firm, nor any of its associates, advisors or representatives, undertake any obligation to publicly replace or revise any forward-looking assertion, whether or not because of new data, future occasions or in any other case, besides as required by regulation. These forward-looking statements shouldn’t be relied upon as representing the Firm’s views as of any date subsequent to the date hereof.
Cypherpunk™, Cypherpunk Mining™, Cypherpunk Applied sciences™, and the Cypherpunk emblem™ are all emblems of Cypherpunk Applied sciences Inc.
CONTACT:
Douglas E. Onsi
President & Chief Govt Officer
Cypherpunk Applied sciences Inc.
617-714-0360
For Buyers:
Matthew DeYoung
Investor Relations
Argot Companions
212-600-1902
leap@argotpartners.com
For Media:
Jacqueline Ortiz Ramsay
It Issue Methods
954-294-3249
jacqueline@itfactorstrategies.com
