Recently, there has been a noteworthy development—a Nasdaq-listed company's cryptocurrency asset strategy has made new progress. According to the latest disclosures, as of early January this year, the company's holdings have increased to over 100 million coins, and this number continues to grow.
From a buyback perspective, the company has spent approximately $15.75 million to repurchase common stock, accounting for about 8.80% of the issued common shares. Even more interestingly, the board previously approved a $50 million buyback budget, indicating that there is still a substantial amount of funds prepared for continued operations.
This ongoing increase in holdings and buybacks reflects institutional recognition of the medium- to long-term value of cryptocurrency assets. Especially with large holdings and stock repurchases progressing simultaneously, the underlying logic behind this warrants market participants' consideration.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
8
Repost
Share
Comment
0/400
CryptoSourGrape
· 43m ago
Oh my goodness, if I had just followed this company last year... Now looking at the 100 million tokens held, my small retail position really feels like a mosquito's leg.
View OriginalReply0
GasBankrupter
· 46m ago
100 million tokens are still rising, this rhythm is really different, the institutions' move is a bit fierce.
The 50 million budget hasn't been fully used yet, there will probably be more drama later... feels like something is going to happen.
No, why are buybacks and increased holdings happening together? What signals are they releasing?
Why does it seem like big institutions are all布局ing? Are retail investors about to be harvested again?
I need to carefully analyze this holding logic, or I really can't keep up with the rhythm.
Wait, is over 100 million tokens real? How much money would that take to buy in...
Institutions are just institutions; with such large-scale operations, our strategies are indeed different.
View OriginalReply0
rugged_again
· 01-09 21:07
It was about time for institutions to wake up, and this wave is really happening.
---
100 million tokens held plus a 50 million buyback. This pace is a bit fierce.
---
There’s still so much in the buyback budget. Looks like they really believe in this.
---
Hey, institutions are bottom-fishing, and we’re following suit. Simple and straightforward.
---
The board directly approved 50 million. It shows there’s still consensus internally about the future market.
---
Continuing to increase holdings. I should also consider whether to add to my position.
---
This is what you call truly voting with money. It’s much more effective than just shouting slogans.
---
Still increasing the 100 million tokens. It’s making me a bit envious.
---
This combo of buybacks and holdings from the institutions is quite something.
View OriginalReply0
PuzzledScholar
· 01-08 15:05
Are you really going all in on this? 100 million tokens are still rising?
I'm a bit scared, brothers. The institutions are really betting big this time.
Bull market signal? Or just a trick?
The 50 million budget hasn't been used yet... This pace is pretty intense.
View OriginalReply0
Rugman_Walking
· 01-08 15:05
Huh? 100 million tokens? This guy is really all in, and he still has 50 million in his pocket. He's got some serious guts.
View OriginalReply0
ZenChainWalker
· 01-08 15:04
Wait, 100 million tokens? Are big institutions really going all in? Unlike retail investors like us who are still debating whether to add to our positions.
View OriginalReply0
AirdropJunkie
· 01-08 15:03
Hey, these institutions are really not playing around this time. A holding volume of over 100 million is still increasing.
---
50 million buyback budget? This is going all in.
---
Wait, holding + buyback at the same time—do I know something they don’t?
---
Got it. If institutions are doing this, what are retail investors still hesitating about?
---
Is this company genuinely optimistic or just pure financial manipulation? Honestly, I’m a bit confused.
---
Over 100 million, wow, this holding volume is really outrageous. I don’t even have a fraction of that haha.
---
Buyback + increased holdings, both working together, definitely sending a strong signal.
---
No, why do institutions always seem to know these things in advance? We’re always the last to find out.
---
This logic is basically just betting on the long term, simple and crude.
---
The board really dares to spend money. What if they lose? How will they explain it?
View OriginalReply0
IfIWereOnChain
· 01-08 14:38
1 Hundred million tokens are still rising, the institutions are really going all in.
2 This is the difference between big players and retail investors—buybacks and increased holdings go hand in hand.
3 The board still hasn't used up the 50 million budget? Indicates there are more surprises coming.
4 This move feels like preparing for the next round.
5 The holdings have exceeded one hundred million, why are some still hesitating?
6 No, why are stock buybacks and cryptocurrencies happening simultaneously? That logic is definitely worth pondering.
7 Big institutions are playing chess, while we are playing mahjong...
8 Continuous increased holdings show that they are not afraid of a dip at all.
Recently, there has been a noteworthy development—a Nasdaq-listed company's cryptocurrency asset strategy has made new progress. According to the latest disclosures, as of early January this year, the company's holdings have increased to over 100 million coins, and this number continues to grow.
From a buyback perspective, the company has spent approximately $15.75 million to repurchase common stock, accounting for about 8.80% of the issued common shares. Even more interestingly, the board previously approved a $50 million buyback budget, indicating that there is still a substantial amount of funds prepared for continued operations.
This ongoing increase in holdings and buybacks reflects institutional recognition of the medium- to long-term value of cryptocurrency assets. Especially with large holdings and stock repurchases progressing simultaneously, the underlying logic behind this warrants market participants' consideration.