TechFlow reports that on January 29, according to Businesswire, the board of directors of publicly traded U.S. treasury company ALT5 Sigma (NASDAQ: ALTS) has authorized a share repurchase program of up to $100 million, with shares to be repurchased at prices below net asset value, and up to 50 million shares—approximately 40% of the outstanding shares. The board has also approved the acquisition of additional $WLFI tokens; the company currently holds approximately 7.3 billion $WLFI tokens, valued at roughly $1.5 billion.
ALT5 CEO Tony Isaac stated that the company will continue expanding integrations related to USD1 to enhance enterprise utility, trading volume, and long-term revenue opportunities.
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