Cypherpunk Technologies Inc.

AI-generated fair value estimate for this company.

Method: Digital-asset NAV valuation: 294,743 ZEC (Zcash) treasury holdings marked at the current observed market value of $393.67M (~$1,336.5/ZEC), divided by ~106.46M shares outstanding (implied by $322.57M market cap / $3.03 share price); no material adjustment made for the small legacy biotech asset or modest net liabilities.

Reasoning: Cypherpunk Technologies has pivoted into a digital-asset treasury company whose primary asset is its directly disclosed Zcash holdings (1.737% of ZEC supply), so a conventional operating-cash-flow DCF does not apply; mark-to-market NAV of the disclosed crypto holdings is the standard and most rigorous valuation method for this business model, similar to other publicly traded crypto-treasury vehicles.