buyback

According to Lookonchain monitoring, Wang Chun (@satofishi, 0xF42...2b51) has repurchased 5,246 ETH at an average price of $2,054 over the past 2 days, worth $10.78 million.A week ago, Chun sold 6,200 wstETH when the ETH price was $2,400, worth $18.5 million.

Bitcoin mining machine manufacturer Canaan has launched a $20 million stock repurchase plan, which is part of the $100 million repurchase authorization approved by the board on November 6, with a duration of 12 months. Management stated that they will actively promote the repurchase once the funds are in place and may adjust the purchase arrangements based on operational and financing needs. As of Wednesday's close, Canaan's stock price has fallen about 75% this year. CEO Zhang Nengeng stated that while maintaining a long-term digital asset reserve, the company is selectively liquidating cryptocurrency holdings to fund the stock repurchase.Canaan's revenue from mining machines in the third quarter was $4.8 million, a 96% decrease from $118.6 million in the same period last year, which the company attributed to weakened demand and declining prices. During the same period, self-mining revenue was $9.5 million, nearly double that of mining machine revenue. The company recorded a profit of $8 million for the quarter, but an operating loss of $42.9 million, with profits mainly coming from the revaluation gains of cryptocurrencies and financial derivatives. Previous disclosures indicated that the company had sold 3,952 ETH and 54.5 BTC for approximately $13.9 million and used $5.4 million in late August to repurchase 13.6 million American depositary shares.As of September 30, Canaan held 1,875.5 BTC, of which 1,258 BTC were pledged for loans, 100 BTC were placed in fixed-term products, and the remaining 517.5 BTC were directly recorded as cryptocurrency assets, valued at $43.7 million at the end of the quarter. The company's total cash and restricted cash amounted to $72.8 million, of which $50 million was used to support letters of credit for infrastructure commitments, leaving approximately $22.8 million outside the restricted balance. Management stated that the current stock price does not adequately reflect the company's business and growth prospects.

Bitcoin mining company MARA announced that it has sold 13,597 bitcoins and repaid $750 million in debt. The company also announced a new $500 million stock repurchase authorization.MARA also disclosed that two previously planned data center leases may be delayed until 2027.

World Liberty Financial stated that its WLFI token buyback has been launched on Aster. It was disclosed that the relevant wallet has deposited 10 million USD1 into Aster.The company did not disclose the buyback budget and purchase timeline; the arrangements are determined by the company itself.

Hyperscale Data plans to repurchase up to $50 million of common stock at a price of $2 in cash plus 1 share of 12% preferred stock for every 100 shares, representing an 82% premium over the closing price on November 6.

World Liberty Financial (WLFI) officially announced on the X platform that it will launch a new WLFI token buyback plan to strengthen ecosystem construction and governance mechanisms. WLFI stated that the buyback will be initiated through initial fund allocation, with funding sources possibly including revenue generated from USD 1 reserves and other channels, and the plan will be continuously evaluated during implementation.The buyback aims to encourage holders to actively participate in WLFI governance while increasing the governance voting weight of long-term holders. WLFI plans to make token buybacks a continuous component of its long-term strategy, with the scale and speed of future buybacks adjusted based on ecosystem growth and governance participation effectiveness.

The dust has settled on the U.S. midterm elections, with the Democratic Party winning control of both chambers of Congress, and Trump has stated that he accepts the election results. After the uncertainty dissipated, the market rebounded significantly, with the S&P 500 index rising nearly 2% in a single day, the Dow Jones index increasing by over 3%, and the VIX experiencing its largest single-day drop since April 2025. Institutions such as JPMorgan, Nomura, HSBC, and Citadel Securities have successively released bullish reports.The core logic is that institutions had significantly deleveraged before the election, and short positions in the stock market were close to a five-year high. Citadel Securities stated that the net position of CTAs in U.S. stocks is approximately negative 3.3 standard deviations, placing it in the 10th percentile since 2018. Retail investors have net bought nearly $33 billion over 22 consecutive trading days since October 5, and the corporate buyback authorization window has also quickly reopened, with new authorizations reaching $1.5 trillion this year.Tech stock valuations are compressing simultaneously. The price-to-earnings ratio of the Nasdaq 100 has dropped to 19.1 times, the lowest since October 2022; the price-to-earnings ratio of semiconductor components has fallen to 13.8 times. HSBC views the Anthropic IPO as a key turning point for a comprehensive bullish trend in tech stocks. Historical data shows that since 1938, the S&P 500 has risen in 95% of the years in the 12 months following midterm elections, with an average increase of about 14%.

Changxin Technology announced that the company recently received a proposal from Chairman Zhu Yiming, proposing to increase the repurchase amount from no less than 1 billion yuan (inclusive) and no more than 2 billion yuan (inclusive) to no less than 2.5 billion yuan (inclusive) and no more than 5 billion yuan (inclusive). According to market data, Changxin Technology's stock price is currently reported at 38.80 yuan.

Solana Mobile posted on platform X that the SKR buyback and burn plan has been launched. This plan will operate from October 15, 2026, and has already burned a total of 1.2 million SKR. Solana Mobile will transfer part of its revenue to a dedicated buyback and burn wallet, purchasing SKR on the open market through a series of on-chain buy orders, and will burn the purchased SKR on-chain.Solana Mobile stated that the sources of funds include Solana Mobile validators, exchanges from the Seed Vault wallet, and USDC Earn Vault. Since the launch of Seeker, part of the revenue from these sources will be allocated for buybacks and burns. The buybacks and burns will not pay any returns to SKR holders or stakers, and staking rewards will remain unchanged. All buybacks and burns will be conducted on-chain.

The Onchain Foundation stated that due to the security incident involving Binance, the LSK buyback plan has been temporarily suspended and is expected to resume next week once the situation becomes clearer.The organization pointed out that Binance has confirmed it will bear all losses, so this incident is not expected to affect the LSK buyback plan. After the buyback resumes, the Onchain Foundation will issue another announcement.

On October 27, SUN announced the completion of the 52nd round of $SUN buyback and destruction, with a total of 7,232,977.17 SUN being repurchased and permanently destroyed. The funds came from a portion of the protocol revenue generated between July 25, 2026, and October 25.As of this round, the total amount of SUN destroyed has reached 685,780,165.49, of which SunSwap V2 has cumulatively destroyed 388,023,868.41, SunPump has cumulatively destroyed 285,879,914.81, and SunX has cumulatively destroyed 11,876,382.27. The buyback and destruction mechanism continues to advance and is gradually becoming an important support for the long-term construction of a sustainable token economy and ecosystem for SUN.

The Sun Wukong ecosystem will hold a deep roundtable discussion themed "When DeFi Moves Towards Global Open Finance: From JUST Brand Upgrade to Multi-Token Deflationary Mechanism, How Does the TRON Ecosystem Build a Long-Term Growth Flywheel?" on October 27 at 8 PM at X Space.This event will focus on the ongoing exploration of the JUST brand upgrade and the multi-token buyback and burn mechanism, delving into the growth drivers for the next phase of DeFi. Invited industry KOLs will jointly analyze whether buybacks and burns can truly form long-term value support, and how to combine real business, user demand, and ecosystem activity when DeFi is no longer limited to a single product, allowing business growth and token economics to form a virtuous cycle, exploring sustainable growth models for the TRON ecosystem.

JUST released an open letter to JST holders and launched the JST 2026 Q3 and October key progress report. The letter pointed out that a total of 1,881,973,007 JST has been repurchased and destroyed over five rounds, accounting for 19.01% of the initial maximum supply, with approximately 118.15 million USD invested in repurchase and destruction. JUST DAO upgraded the JST repurchase and destruction mechanism in October, which will shift to being based on sustainable ecological income, and plans to invest approximately 20.34 million USD of excess funds into repurchase in four phases starting from Q4 2026, while retaining at least 50 million USD as a treasury safety reserve.The report also showed that JustLend's quarter-end TVL remained above 7 billion USD, with approximately 21.24 million transactions in GasFree Q3. As the repurchase funds shift from historical income reserves to sustainable ecological income, the deflationary path of JST and ecological growth are gradually forming a closer linkage.

JUST announced an upgrade to the buyback and destruction mechanism for JST. After completing the fifth round of buyback and destruction, the mechanism officially enters a new phase: governance will be unified by the JUST DAO, and a reserve fund of no less than 50 million USD will be established for risk mitigation, emergency redemptions, and liquidity support, to enhance the mechanism's risk resistance and execution stability.On the buyback side, it will shift to being executed based on the quarterly sustainable income of the JUST ecosystem, forming a normalized arrangement of long-term buybacks and regular destructions, making the scale of buybacks more closely tied to the actual income of the ecosystem.In addition, the remaining surplus funds above the reserve threshold, approximately 20.34 million USD, will be released in four phases starting from Q4 2026 to supplement the buyback, ensuring long-term deflation and stability of the mechanism. The complete announcement and implementation details can be found through official channels.

In a live broadcast in the third quarter, Aave founder Stani stated that Aavenomics 3.0 will include AAVE buybacks, staking, and burning.The AAVE buyback was suspended the day after the rsETH vulnerability incident on April 19. Since then, the DAO has committed to providing 25,000 ETH to DeFi United to compensate for the losses and has arranged for Mantle to provide a credit line of up to 30,000 ETH. Before the buyback was suspended, there was a proposal in the forum suggesting to reduce the annual buyback budget from approximately 50 million dollars to 30 million dollars.

The GMX governance forum has released the GMLabs-003 proposal, which plans to use all remaining protocol revenue after the GT buyback on the Solana side to repurchase GMX. The purchased tokens will be added to the staking rewards pool, and the GT buyback mechanism will remain unchanged.The proposal also intends to introduce a 180-day unbonding waiting period for existing and new GMX and esGMX staking positions on Arbitrum and Avalanche, calculated from the submission of the unbonding request, with the previously staked time not counted. Pending requests can be canceled, and existing positions do not need to be migrated. The above adjustments are scheduled to be implemented on October 28, depending on the readiness for implementation.

According to a report by the Korean News Agency, the storage chip manufacturer SK Hynix completed a large-scale stock buyback on the 21st, following Samsung Electronics in completing the related operation. The company stated that it completed a stock buyback worth 40 trillion won on the Korea Exchange, which lasted for two months.Previously, SK Hynix announced that it would invest 40.0434 trillion won to buy back 24.07 million shares, all of which would be canceled after the buyback, accounting for approximately 3.3% of the total issued shares, and stated that this is the largest stock cancellation operation by a listed company in South Korea. The original buyback period was set from August 20 to November 19, but it was completed about a month ahead of schedule.