21.6 trillion BTT tokens sent into a black hole, in exchange for just $7.6 million 🕳️
BitTorrent completed its first buyback and burn on October 16, sending 21.6 trillion BTT tokens to a black hole address, worth about $7.6 million according to the announcement.
📢 ⏰ 消息群里第一时间说
The money didn’t come from fundraising. It was all the revenue from decentralized business in the third quarter of 2026—not a penny was held back.
On July 6, the team announced that it would use 100% of the revenue from its decentralized business for buybacks and burns every quarter. This is the first time it has actually followed through, and the on-chain records are public.
Even more interesting was what happened the next day. On October 17, BitTorrent released a new white paper, reframing the brand from its old P2P file-transfer roots as a three-part Web3 and AI infrastructure stack: the mainnet handles content distribution, BTTInferGrid provides decentralized GPU inference computing power, BTTC handles cross-chain and Layer 2 settlement, and BTT connects payments, staking, and governance across all these use cases.
Put simply, this is a classic narrative upgrade. The market used to see BTT as an old token in the TRON ecosystem. Now it’s pitching a new story about AI computing power and buybacks funded by real revenue. 🦖
The buyback is real, and the $7.6 million is real money. But relative to today’s market size, that’s not a huge figure. It’s unrealistic to expect it to support the price on its own. The real thing to watch is the mechanism: the buyback is funded by business revenue, not external financing. This kind of deflation is harder to fake than a buyback announced just to pump the price.
There are two things to watch next. First, can the buyback amount keep growing quarter after quarter? Second, will BTTInferGrid secure real computing-power orders and generate revenue? So far, the white paper lays out the architecture but provides no customer numbers or revenue breakdown. That’s the biggest gap between the narrative and actual performance. 🔥
The price has already moved. As of October 15, BTT was up about 30.3% over the past three months. The market has clearly priced in expectations early; now it’s a question of whether the business data can live up to them. 📈
Do you think this 100%-of-revenue buyback is genuine deflation or just a new narrative in disguise? Let’s talk in the comments.
Follow along every day for the latest Web3 infrastructure trends. I don’t just tell you what’s happening in the news—I help you understand the logic and opportunities behind it. 👀🚀
Tap the profile picture to watch the livestream
BitTorrent completed its first buyback and burn on October 16, sending 21.6 trillion BTT tokens to a black hole address, worth about $7.6 million according to the announcement.
📢 ⏰ 消息群里第一时间说
The money didn’t come from fundraising. It was all the revenue from decentralized business in the third quarter of 2026—not a penny was held back.
On July 6, the team announced that it would use 100% of the revenue from its decentralized business for buybacks and burns every quarter. This is the first time it has actually followed through, and the on-chain records are public.
Even more interesting was what happened the next day. On October 17, BitTorrent released a new white paper, reframing the brand from its old P2P file-transfer roots as a three-part Web3 and AI infrastructure stack: the mainnet handles content distribution, BTTInferGrid provides decentralized GPU inference computing power, BTTC handles cross-chain and Layer 2 settlement, and BTT connects payments, staking, and governance across all these use cases.
Put simply, this is a classic narrative upgrade. The market used to see BTT as an old token in the TRON ecosystem. Now it’s pitching a new story about AI computing power and buybacks funded by real revenue. 🦖
The buyback is real, and the $7.6 million is real money. But relative to today’s market size, that’s not a huge figure. It’s unrealistic to expect it to support the price on its own. The real thing to watch is the mechanism: the buyback is funded by business revenue, not external financing. This kind of deflation is harder to fake than a buyback announced just to pump the price.
There are two things to watch next. First, can the buyback amount keep growing quarter after quarter? Second, will BTTInferGrid secure real computing-power orders and generate revenue? So far, the white paper lays out the architecture but provides no customer numbers or revenue breakdown. That’s the biggest gap between the narrative and actual performance. 🔥
The price has already moved. As of October 15, BTT was up about 30.3% over the past three months. The market has clearly priced in expectations early; now it’s a question of whether the business data can live up to them. 📈
Do you think this 100%-of-revenue buyback is genuine deflation or just a new narrative in disguise? Let’s talk in the comments.
Follow along every day for the latest Web3 infrastructure trends. I don’t just tell you what’s happening in the news—I help you understand the logic and opportunities behind it. 👀🚀
Tap the profile picture to watch the livestream