Announcement: Completion of the First BTT Buyback and Burn
2026-10-17Dear BitTorrent community,
To strengthen the BTT ecosystem and give back to our community, BitTorrent officially launched a long-term BTT Buyback & Burn program in Q3 2026. Under the program, 100% of revenue from BitTorrent's decentralized services is allocated to the ongoing buyback and burn of BTT.
The first round of the buyback is now complete, and all repurchased BTT tokens have been transferred to the designated burn address and permanently removed from circulation.
I. Burn Details
- Date: Friday, October 16, 2026 (SGT)
- Total BTT Burned: 21,621,611,510,729.6 BTT
- Share of Total Supply: ~2.18%
- Estimated Value (at time of burn): $7,600,907
All BTT tokens from this round have been transferred to the designated burn address. Transaction Hash: 4d9596617780e329bbd4e644ee0dffd780ec4cf3749f324d03eb98157eb04ae5
II. Framework Overview
Buyback: 100% of BitTorrent's decentralized service revenue is allocated to ongoing BTT buybacks, with each round's volume dynamically adjusted based on market conditions.
Burn: All repurchased BTT is transferred to the designated burn address on TRON, with transaction hashes made public for verification.
Looking Ahead
BitTorrent will continue its BTT Buyback & Burn program. Details for the next round are expected to be announced in January 2027, with all records fully transparent and verifiable on-chain. As BitTorrent's decentralized services expand, the revenue directed to the program is expected to scale accordingly.
Thank you for your support!
BitTorrent TeamOctober 17, 2026 (SGT)
Burn records are published on-chain and can be verified with the transaction hash.