📊 NMR / Coinbase Revaluation 📉 Numerai repurchased $3.2 million worth of NMR over the past year, yet its treasury still holds 3.1 million NMR. Decentralized hedge fund Numerai completed its third NMR buyback, acquiring $1.2 million worth of NMR from the open market, bringing the total repurchased over the past year to $3.2 million. The buybacks were executed in batches via Coinbase Institutional, aiming to support the staking-driven machine learning competition ecosystem. Official data shows that since the first buyback in July 2025, the number of active accounts has more than doubled, and AUM has grown from approximately $560 million to around $700 million. However, prior to the latest buyback, the treasury still held approximately 3.1 million NMR—valued at significantly more than the total amount repurchased, indicating relatively modest buyback activity. The actual price support effect of these buybacks on NMR remains to be seen; sustained growth in the ecosystem will be key.