Spark's First Month Buyback Completed: 571,957 USDS Used to Purchase 26.66M SPK
余烬|Apr 05, 2026 12:03
The first month of Spark's buyback transaction was completed half an hour ago: a total of 571,957 USDS was spent to purchase 26.66 million SPK at an average price of $0.0215.
In just one month, the 26.66 million SPK bought back is roughly 1% of SPK's circulating supply, and their buyback plan is expected to last for 12 months. Based on this figure, a rough estimate suggests that over the course of a year, they could buy back 12% of SPK's circulating supply, approximately 320 million SPK ($6.86M).
Buyback data website: https://data.spark.fi/financials
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