Helium plans to launch HNT automatic repurchase mechanism and explore digital asset treasury business

According to Foresight News, the decentralized telecommunications infrastructure project Helium tweeted that its team is currently burning Helium Mobile revenue every day to offset network emissions. In the future, it will repurchase HNT from the market to match daily burning, rather than using the team's treasury, and plans to execute it through an automated process. This mechanism does not affect temporary buying activities that continue on CEX, AMM, through market makers and direct OTC.


Additionally, Helium has been exploring the launch of a digital asset treasury business over the past month. The business will acquire HNT on the open market and OTC and accretive HNT per share through network-aligned revenue generation activities.

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