Blockasset (BLOCK) - First $BLOCK Buy-Back - 31 Jan 2025

Blockasset plans its first $BLOCK buy-back on January 31, 2025, using revenue from BlockBet. This action might influence BLOCK's price positively, as buy-backs typically reduce the supply of a token in the market. With reduced supply, the price could see upward pressure if demand stays the same or increases. The announcement of expected record revenue for the period adds to a positive investor sentiment. Source.