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8-K ·Filed Sep 22, 2026

CYPH

CYPHERPUNK TECHNOLOGIES INC.
NEUTRAL
Impact 4/10
Horizonweeks Processed1mo ago SEC0001104659-26-109463
8-K context-dependent: Items 5.02, 7.01
Actionable Insight • Neutral

Monitor for further board changes or strategic shifts as the activist (Winklevoss Capital) may continue to push for operational or governance changes. The mining operational update (4.2 GSol/s, 3,023 ZEC mined) provides a baseline to track future mining revenue contributions.

DirectionNeutral
Confidencemedium
Horizonweeks
Latest settled — T+20d
CYPH ▼ -24.66% at T+20d
NEUTRAL call -24.66% · α vs SPY -24.11% · entry $3.73 → $2.81
Next anchor: T+60d in 7w
Latest observation: T+23 -57.56% FF3 residual α
Entry = T+0 close
Sep 22, 2026
via day close
T+1d
-3.22%
call -3.22% · α -2.50%
$3.61
settled 5w ago
T+5d
-13.40%
call -13.40% · α -12.22%
$3.23
settled 28d ago
T+20d
-24.66%
call -24.66% · α -24.11%
$2.81
settled 7d ago
T+60d
Pending
in 7w

Price Chart

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Executive Summary

Cypherpunk Technologies appointed Amanda Fabiano, a veteran digital asset mining executive, to its board of directors. The appointment comes 34 days after an activist 13D/A filing by Winklevoss Capital Fund, suggesting the activist may be influencing board composition as the company scales its Zcash mining operations.

Key Facts

  • Amanda Fabiano appointed as Class III director effective September 22, 2026
  • Fabiano is COO of Nakamoto Inc. and independent director of TeraWulf Inc.
  • Fabiano receives 250,000 RSUs (150,000 initial grant vesting over 3 years, 100,000 annual grant vesting at 2027 annual meeting)
  • Cypherpunk Mining launched ~4.2 GSol/s hashrate in August 2026
  • Cypherpunk Mining generated 3,023.13 ZEC from August 18-31, 2026, added to treasury
  • Activist Winklevoss Capital Fund filed SC 13D/A 34 days prior, indicating potential board influence

Financial Impact

No financial figures disclosed in the filing. Mining operations generated 3,023.13 ZEC in first two weeks, but no dollar value or revenue impact stated.

Risk Factors

  • Activist pressure could lead to disruptive board or strategy changes
  • Zcash mining revenue is highly dependent on volatile ZEC prices and network hashrate
  • No financial data in filing to assess the materiality of mining operations to overall company performance

Investment Themes

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001104659-26-109463
Document: tm2625876d1_8k.htm0001104659-26-109463
Document: tm2625876d1_ex99-1.htm0001104659-26-109463
Document: 0001104659-26-109463-index-headers.html0001104659-26-109463
Document: 0001104659-26-109463-index.html0001104659-26-109463
Document: 0001104659-26-109463.txt0001104659-26-109463
9 reports for CYPH
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for CYPH — sortable, filterable
TypeNow
Sep 25, 2026
4w ago
Insider Cluster
BEARISH ★ 4/10
$3.31 $2.83▲ +14.50%▲ +14.47%$3.11 (+6.04%)
Sep 22, 2026
4w ago
Institutional Cluster
NEUTRAL ★ 3/10
$3.73 $2.81▼ −24.66%▼ −24.11%$3.11 (−16.62%)
Sep 22, 2026
5w ago
8-K
NEUTRAL ★ 4/10
$3.73 $2.81▼ −24.66%▼ −24.11%$3.11 (−16.62%)
Aug 18, 2026
10w ago
8-K
NEUTRAL ★ 3/10
$0.8054 $2.44▲ +202.96%▲ +204.70%$3.11 (+286.14%)
Aug 12, 2026
10w ago
8-K
MIXED ★ 6/10
$0.6579 $2.20▲ +234.40%▲ +236.30%$3.11 (+372.72%)
May 26, 2026
22w ago
8-K
NEUTRAL ★ 3/10
$1.16 $0.6168▼ −46.83%▼ −44.88%$3.11 (+168.10%)
May 14, 2026
23w ago
8-K
BEARISH ★ 6/10
$1.20 $0.6500▲ +45.83%▲ +44.98%$3.11 (−159.17%)
Apr 10, 2026
28w ago
8-K
NEUTRAL ★ 3/10
$0.9900 $1.10▲ +11.11%▲ +3.38%$3.11 (+214.14%)
Mar 27, 2026
30w ago
144
NEUTRAL ★ 3/10
$0.6570 $0.9250▲ +40.79%▲ +28.05%$3.11 (+373.36%)
Showing 9 of 9

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Report published Sep 22, 2026