Spark completes its first month of token buyback, spending 571,957 USDS to purchase 26.66 million SPK.

2026-04-05 12:16:13

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ChainCatcher message, according to on-chain analyst Yu Jin monitoring, Spark completed its first-month token buyback about half an hour ago, spending 571,957 USDS to purchase 26.66 million SPK tokens, at an average price of $0.0215. Over the course of one month, the 26.66 million SPK they repurchased is roughly 1% of SPK’s circulating supply, and their buyback plan is expected to run for 12 months. Based on this figure as a rough estimate, after a year of buybacks, they could repurchase SPK equivalent to 12% of the circulating supply—about 320 million SPK (6.86 million dollars).

SPK-2.44%

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