We have completed our purchase of 37.5 BTC worth of NSR. We are very pleased that we were able to purchase approximately 3,898,437 NSR for burning this week. 2,500,000 NSR have been requested for withdrawal and the remainder will be withdrawn within 48 hours. We will provide transaction details of the NSR burn on or before Saturday or Sunday, similar to previous buybacks.
All NSR this week were purchased at 80% of market price, despite the market price (in BTC terms) increasing this week. All shareholders should be thrilled the buybacks are progressing faster than expected, because it means every shareholder’s equity percentage stake is increasing quicker than expected.
If you would like to guarantee your NSR are sold in future buyback weeks, you should be contacting us through this account or through our BitMessage address at BM-2cVFzzfWwKkdxLmgZwhSFfGmKwqDrddDfv to arrange a sale at 70% of market price or lower.
