World

Liberty

World Liberty Financial

BitTorrent

<p>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.</p>
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   <li>BitTorrent will use all revenue from its decentralized services to buy back BTT every quarter starting in the third quarter of 2026.</li>
   <li>Repurchased BTT tokens will be permanently burned, with on chain transaction details published after each quarterly burn.</li>
   <li>The company said additional revenue from BTTInferGrid is expected to increase the funds available for future BTT buybacks.</li>
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<p>According to BitTorrent’s official <a href="https://medium.com/@BitTorrent/announcement-on-the-launch-of-btt-buyback-and-burn-8b5a2b6af78d" rel="noopener noreferrer nofollow">announcement</a>, all revenue generated by its decentralized services will be allocated to buying back BTT tokens on the open market every quarter, with the repurchased tokens permanently removed from circulation through scheduled burns.</p>
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   <p>📢 Announcement on the Launch of BTT Buyback Program<br><br>We are excited to announce the launch of BitTorrent’s long-term BTT Buyback Program starting in Q3 2026. <br><br>As part of this initiative, 100% of revenue generated from BitTorrent’s decentralized services will be allocated to… <a href="https://t.co/h0hAMDLrRV" rel="noopener noreferrer nofollow">pic.twitter.com/h0hAMDLrRV</a></p>— BitTorrent (@BitTorrent) <a href="https://x.com/BitTorrent/status/2074037912136781893?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 6, 2026</a>
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<p>The company said the first round will begin with buybacks during the third quarter of 2026. The corresponding token burn is scheduled for the middle of October, when BitTorrent also plans to publish the total number of tokens destroyed, the percentage of total supply affected, and the on-chain transaction hash verifying the process.</p>
<p>Each quarterly burn report will be released during the middle of the first month of the following quarter, allowing users to independently verify the transactions on-chain, according to the announcement.</p>
<p>Under the program, the funding source will come entirely from revenue generated by BitTorrent’s decentralized services rather than treasury reserves or newly raised capital. The company added that revenue available for future buybacks is expected to increase following the launch of BTTInferGrid, which it said will contribute additional income to the ecosystem.</p>
<p>You might also like: <a href="https://crypto.news/nigel-farage-denies-wrongdoing-over-gifts-linked-to-crypto-fraudster/" rel="noopener noreferrer nofollow"> Nigel Farage denies wrongdoing over gifts linked to crypto fraudster </a></p>
<p>Instead of holding the repurchased tokens, BitTorrent said all acquired BTT will be transferred to a designated burn address, permanently removing them from circulation after each quarterly buyback cycle.</p>
<p>The announcement described the initiative as a long-term mechanism that ties token buybacks directly to operating revenue while providing publicly verifiable records of every burn.</p>
<p>BitTorrent and its products, including BitTorrent and µTorrent, serve more than 100 million active users and have been installed on over one billion devices. The platform became part of the TRON ecosystem after TRON acquired BitTorrent and its products in July 2018, adding blockchain capabilities to its decentralized file-sharing network.</p>
<h2 class="wp-block-heading" id="justin-sun-linked-firms-remain-in-focus">Justin Sun-linked firms remain in focus</h2>
<p>The latest announcement comes weeks after another company linked to crypto entrepreneur Justin Sun drew attention over compliance-related actions.&nbsp;</p>
<p>In June, HTX <a href="https://crypto.news/justin-suns-htx-drops-usd1-as-wlfi-freeze-fight-grows/" rel="noopener noreferrer nofollow">delisted</a> the USD1 stablecoin after stating that World Liberty Financial had frozen certain on-chain addresses associated with the exchange, prompting HTX to suspend USD1 trading and convert eligible balances into USDT at a one-to-one ratio.&nbsp;</p>
<p>World Liberty Financial said at the time that it maintained risk-based sanctions compliance controls, while HTX disputed any connection between the sanctioned Huobi Global S.A. entity and its current exchange operations.</p>
<p>Read more: <a href="https://crypto.news/hong-kong-crypto-industry-wins-sfc-backing-for-cvap-exam-changes/" rel="noopener noreferrer nofollow"> Hong Kong crypto industry wins SFC backing for CVAP exam changes </a></p>

BitTorrent unveils long term BTT buyback and burn program for Q3 2026

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