“Digital asset treasury firms are increasingly turning to share buybacks to arrest plunging stock prices as investor demand sources.”, — write: www.coindesk.com
The firm said Thursday its board authorized an up to $40 million stock repurchase program, which will be executed at the company’s discretion depending on market conditions.
“We expect to hit the open market soon and will continue to assess additional repurchases as conditions warrant,” CEO Jolie Kahn said in a statement.
Shares are roughly 70% below their closing price on the day the company announced its crypto treasury pivot. They’re little-changed on Thursday.
The move comes as several crypto treasury companies are increasingly turning to share buybacks to close steep discounts between their share prices and the value of their underlying holdings. Some firms, such as ETHZilla and FG Nexus, even sold some of their crypto assets to fund similar programs.
AVAX One, formerly known as AgriFORCE Growing Systems, pivoted in September to a crypto treasury strategy with plans to raise $550 million to acquire AVAX over time.
Read more: Ether Treasury Firm FG Nexus Unloads Nearly 11K ETH to Fund Share Buyback
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence’s Token Security API averaged 717 million monthly calls year-to-date in 2025, with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch, the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B, while derivatives volume peaked the same month at over $4B.
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The company’s holdings, which include bitcoin and ether, have been managed through trading and hedging strategies since 2017.
- Ripio, a Latin American cryptocurrency exchange, has a cryptocurrency treasury valued at over $100 million.
- The company’s holdings, which include bitcoin and ether, have been managed through trading and hedging strategies since 2017.
- Ripio’s treasury is the second-largest publicly known in Latin America, behind OranjeBTC’s $335 million and ahead of Méliuz’s $54 million and Mercado Libre’s $51 million.
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