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BitTorrent announces launch date for BTT token buyback, burn program
Jul 6, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan
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AI Overview
BitTorrent will formally launch buybacks and burns of its BTT token starting in Q3 this year, directing virtually all revenue from its decentralized services into quarterly token purchases. The program is a tokenomics milestone that should reduce circulating supply and may support BTT price and adoption across the crypto and DeFi ecosystems, though it raises questions about revenue sustainability and execution risk.
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BitTorrent announced early Monday that the project will formally launch buybacks and burn its BTT token, starting from the third quarter of this year. According to the announcement, BitTorrent will be directing virtually every revenue from its decentralized services into buying its own tokens once every quarter. BitTorrent clarified that the funds for the program...
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