BitTorrent announced a buyback and burn program for its BTT token, fully funded with operating revenues. It will launch in Q3 2026. The first burn will take place in mid-October and will reveal the amount destroyed, its share of total supply, and the on-chain transaction hash. BTT is trading near $0.
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 has unveiled a long-term BTT token buyback and burn program that will use 100% of revenue from its decentralized services for quarterly market purchases starting in the third quarter of 2026.