We have completed our purchase of 39.9 BTC worth of NSR. We are pleased that we were able to purchase approximately 4,019,004 NSR for burning this week. 2,349,997 NSR have been withdrawn and the remainder will be withdrawn within 48 hours. We will provide transaction details of the NSR burn on Saturday or Sunday, similar to previous buybacks.
Approximately 39.57 BTC worth of NSR was purchased at 90% of market on Wednesday, and the remaining 0.33 BTC was sold within seconds today, at 100% of market price (0.00001085 BTC).
As with last week, the buyback was largely completed on Wednesday. This is great news for shareholders, who have repurchased NSR at a meaningful discount to the market price. The rising price of BTC has increased our buyback power, and it seems shareholders are selling at a discount to ensure they complete the sale.
