Helium Founder: Will cease token buybacks as the market has not responded appropriately to the buyback

GateNews

2026-01-03 07:20:28

HNT-2,92%

Foresight News reports that Helium founder Amir, a decentralized telecommunications infrastructure project, tweeted that the market doesn’t seem to care about the project team repurchasing its tokens from the market. Therefore, under the current circumstances, they have decided to stop wasting funds on buybacks. He stated that just last October, Helium and its mobile business generated $3.4 million in revenue, and they prefer to use these funds to expand the business rather than pour them into a bottomless pit.

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