TL;DR:
- BitTorrent announced a buyback and burn program for its BTT token, fully funded with operating revenues. It will launch in Q3 2026.
- The first burn will take place in mid-October and will reveal the amount destroyed, its share of total supply, and the on-chain transaction hash.
- BTT is trading near $0.00000027, more than 90% below its all-time high of $0.0000034 reached in January 2022.
BitTorrent announced the formal launch of a buyback and burn program for its BTT token, set to begin in the third quarter of 2026. According to the protocol’s official announcement, the company will allocate all revenues generated by its decentralized services to the quarterly acquisition of tokens on the open market, which will then be sent to a burn address and permanently removed from circulation.
BitTorrent clarified that the program will be funded exclusively with operating revenues. No new funding rounds are planned, nor will treasury reserves be used to sustain the buybacks. The services involved include BitTorrent Speed and BTTInferGrid, a recently launched decentralized inference platform. The company expects the growth of BTTInferGrid to progressively increase the volume of purchases over time.
📢 Announcement on the Launch of BTT Buyback Program
We are excited to announce the launch of BitTorrent’s long-term BTT Buyback Program starting in Q3 2026.
As part of this initiative, 100% of revenue generated from BitTorrent’s decentralized services will be allocated to… pic.twitter.com/h0hAMDLrRV
— BitTorrent (@BitTorrent) July 6, 2026
BitTorrent Targets Efficiency and Transparency
The first round of buybacks will begin in Q3, but the first effective burn is not expected until mid-October. At that point, BitTorrent will publish the amount destroyed, the share it represents of total supply, and the hash of the on-chain transaction. The same disclosure scheme will repeat every quarter, showing the corresponding data around the middle of the first month of the following quarter.
The Buyback Dilemma in the Crypto Industry
The effectiveness of buyback and burn programs has a mixed track record. Hyperliquid allocates between 97% and 99% of its trading fees to open-market buybacks through its Assistance Fund. Since launching the program, the platform has spent more than $1.1 billion buying back its token HYPE, retiring approximately 4.4% of total supply.
At the opposite end, Pump.fun directed 100% of its revenues to buying back its token PUMP for nine months and burned around $370 million in tokens, equivalent to 36% of circulating supply. Even so, the token traded 81% below its all-time high for much of 2026, which led the team to reduce the allocation to 50% of revenues.
BitTorrent’s case shares the on-chain transparency of Hyperliquid’s model, but starts from a revenue base that depends largely on BTTInferGrid. The first data publication in October will determine whether the volume of tokens retired is large enough to shift the price dynamics of an asset that has been declining for more than three years.
