Deep Tide TechFlow News, January 03, the founder of the decentralized telecommunications infrastructure project Helium, Amir, 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 in October last year, Helium and mobile services generated $3.4 million in revenue, and they prefer to use these funds to expand their business rather than pour them into a bottomless pit.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Deep Tide TechFlow News, January 03, the founder of the decentralized telecommunications infrastructure project Helium, Amir, 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 in October last year, Helium and mobile services generated $3.4 million in revenue, and they prefer to use these funds to expand their business rather than pour them into a bottomless pit.