Category Labs plans to repurchase MON tokens on the open market in the first half of 2026
According to Odaily, Category Labs announced on the X platform that it may repurchase up to $30 million worth of MON tokens on the open market in the first half of 2026 in accordance with applicable regulations. The company stated that any repurchase action will be at its sole discretion and may be initiated, suspended, or terminated at any time. This announcement does not constitute a commitment to purchase a specific number of tokens, but merely indicates that Category Labs will consider opportunistic buybacks based on market conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Public companies' net BTC purchases plummeted by 86.5% to $290 million, with 91% coming from Strategy.
BlackRock Submits Bitcoin Futures ETF S-1 Filing to SEC
BlackRock files application for iShares Bitcoin Premium Yield ETF
Zama completes its first crypto ICO, with total auction amount reaching 118 millions USD
