TechFlow news, January 3rd, Amir, the founder of the decentralized telecommunications infrastructure project Helium, tweeted that the market does not seem to care about project teams buying back their tokens from the market. Therefore, under the current circumstances, he has decided to stop wasting funds on buybacks.
He stated that in October last year alone, Helium and its mobile business generated $3.4 million in revenue. He would rather use these funds to expand the business rather than pour them into a bottomless pit.
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