Recently, there was an interesting piece of news—Eightco Holdings (stock code ORBS), a publicly listed company under the WLD treasury, approved a substantial plan: a stock buyback scheme of up to $125 million. This move quickly elicited a response in the US stock market. Before the market opened on December 29, ORBS's stock price rose over 10%, and its market capitalization climbed to $329 million.
In terms of the scale of the buyback, this amount is indeed significant. Generally speaking, when a listed company launches a stock buyback plan, it is often a sign of confidence in its own value and can also provide some support to the stock price. For a company within the WLD ecosystem to make such a move indicates a fairly strong confidence in its development prospects.
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UncleLiquidation
· 4h ago
This buyback operation feels like paving the way for the upcoming big moves.
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BearMarketSurvivor
· 10h ago
1.25 billion buyback, directly hitting the daily limit? This signal is a bit interesting, just not sure how long it can hold
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Buybacks are good, but it depends on whether they can be fulfilled later; too many pitfalls
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WLD's approach is okay, at least not forcing a bottom, if it were me I’d have sold early
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Starting to boast after a 10% increase? Wait and see, I've seen too many tricks of cutting leeks in a bear market
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The funding situation looks good, but whether the ecosystem can really support this valuation is the question
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One buyback announcement can push the market cap to 329 million? That's pretty aggressive, just wait and see if it jumps or drops later
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Hey, isn't this just routine operation? Confidently buy back, but after one or two quarters... you've all seen it
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1.25 billion sounds like a lot, but is it enough relative to the ecosystem size? A bit doubtful
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ZeroRushCaptain
· 10h ago
Oh no, is it the same buyback again? I heard this reason last time I bottomed out, and it ended up being cut in half.
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rugdoc.eth
· 10h ago
$125 million buyback, this pace is pretty good, it seems they're really betting on ecosystem development
ORBS's recent surge is solid, but we'll have to see if it can sustain the momentum
WLD ecosystem companies are willing to spend big on buybacks, they must have some confidence
Putting real money into it at least shows that the management isn't just talking nonsense
A 10% increase is just the beginning, don't get too excited too early
Recently, there was an interesting piece of news—Eightco Holdings (stock code ORBS), a publicly listed company under the WLD treasury, approved a substantial plan: a stock buyback scheme of up to $125 million. This move quickly elicited a response in the US stock market. Before the market opened on December 29, ORBS's stock price rose over 10%, and its market capitalization climbed to $329 million.
In terms of the scale of the buyback, this amount is indeed significant. Generally speaking, when a listed company launches a stock buyback plan, it is often a sign of confidence in its own value and can also provide some support to the stock price. For a company within the WLD ecosystem to make such a move indicates a fairly strong confidence in its development prospects.