BitTorrent has announced a long-term buyback and burn program for its native BTT token, committing to use 100% of revenue generated from its decentralized services to purchase tokens from the open market every quarter.
According to the announcement, the initiative will begin in the third quarter of 2026, with all repurchased BTT permanently removed from circulation through scheduled token burns. The move links the token’s supply directly to the platform’s operating revenue rather than treasury funds or newly raised capital.
📢 Announcement on the Launch of BTT Buyback Program
We are excited to announce the launch of BitTorrent’s long-term BTT Buyback Program starting in Q3 2026.
As part of this initiative, 100% of revenue generated from BitTorrent’s decentralized services will be allocated to… pic.twitter.com/h0hAMDLrRV
— BitTorrent (@BitTorrent) July 6, 2026
The company said the first burn will take place in mid-October 2026, when it will also release the total number of tokens destroyed, the percentage of the supply removed, and the on-chain transaction hash for public verification.
How will the BTT buyback and burn program work?
Under the new plan, BitTorrent will allocate all revenue earned from its decentralized services to quarterly BTT purchases on the open market. Instead of keeping the acquired tokens, the company will send them to a designated burn address, permanently removing them from circulation.
BitTorrent said it will publish a burn report in the middle of the first month following each quarter. Every report will include details of the buyback, the number of tokens burned, and on-chain records so users can independently verify each transaction.
The company described the initiative as a long-term mechanism designed to make token reductions transparent while tying them directly to the platform’s business performance.
What will fund BitTorrent’s future buybacks?
Unlike many token buyback programs that rely on reserve funds, BitTorrent said this initiative will be financed entirely through revenue generated by its decentralized products.
The company also expects future buyback capacity to grow with the launch of BTTInferGrid, which it believes will generate additional income for the ecosystem and increase the amount available for quarterly token purchases.
BitTorrent said tying quarterly buybacks directly to operating revenue and publishing on-chain proof of every burn is intended to improve transparency while reducing the circulating supply of BTT over time.
ALSO READ: HTX Introduces USDT Deposits for USDD Flexible Earn, Offering 12% APY
Justin Sun-linked firms remain under scrutiny
The buyback announcement comes weeks after another company linked to crypto entrepreneur Justin Sun attracted attention over compliance-related developments.
In June, HTX removed the USD1 stablecoin from its platform after saying that World Liberty Financial had frozen certain on-chain addresses associated with the exchange. As a result, HTX suspended USD1 trading and converted eligible user balances to USDT at a one-to-one ratio.
World Liberty Financial said the action was part of its risk-based sanctions compliance measures. HTX, however, rejected any link between its current operations and the sanctioned Huobi Global S.A. entity, disputing the basis for the action. HTX also rolled out an upgraded institutional services platform that combines 10 core functions into a single system to give institutional clients one place to manage trading, custody, and data tools more efficiently.
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