Paradigm discloses ZEC investment; Fortitude mines 28% of network ahead of Nasdaq listing
- —Paradigm confirmed it holds ZEC and ZODL; Huang proposed combining coin voting with other governance forms
- —Fortitude mined 72,696 ZEC in H1 2026 — about 28% of the network's issuance
- —Fortitude's Q2 revenue was $20.9 million, with over 60 MW across seven US sites
- —ZEC rose about 20% in 24 hours, with short liquidations totaling $51.63 million
Why it matters: Venture capital, a public miner and speculative demand are converging around Zcash at once, increasing the network's dependence on a single player and the risk of a sharp reversal.
Source: 2Bitcoins.ru