【Blockchain Rhythm】Eightco Holdings (NASDAQ: ORBS) has been quite popular these days. Before the market opened on December 29, the stock price jumped over 10%, and the market capitalization also rose to $329 million.
What is the driving force behind this? The board of directors of WLD Treasury-listed company Eightco Holdings just approved a hefty plan—authorizing a stock buyback of up to $125 million. Such actions usually indicate that management is confident about the company’s prospects, using real cash to buy back shares to stabilize the stock price and shareholder confidence. Based on market reactions, investors are still on board.
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MEVHunterX
· 12-29 14:30
1.25 billion buyback, this move is indeed large, but it's just so-so. The real key is whether they can stabilize afterward.
A buyback good news usually triggers a surge, but retail investors should be most cautious when they’re taking the bait.
This kind of operation happens every time—short-term boost, but long-term depends on performance.
Management's confidence is just nonsense; they’re just trying to support the stock price after it fell.
ORBS has been somewhat interesting lately, but 1.25 billion USD compared to a 30 billion market cap isn’t that impressive.
I think this is just a facade; the real test is still to come.
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On-ChainDiver
· 12-29 14:29
125 million buyback, the management is really betting big, full of confidence.
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ORBS's recent surge is quite fierce; buybacks are that straightforward.
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But can buybacks really stabilize the stock? It still depends on subsequent performance.
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Is it a sell signal or a buy signal? This time, it's quite interesting.
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The management is putting real money into it; it seems WLD's treasury is still active.
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Pre-market up 10%, those chasing the high should be careful.
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The whole routine is buyback → boost stock price → investors follow, just the old trick.
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125 million invested, which shows it's no joke.
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Is this a bottom buyback or a pre-escape top stabilization? Let's wait a bit more to see.
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liquiditea_sipper
· 12-29 14:28
1.25 billion buyback, the management really has confidence, but how long this wave can last depends on subsequent performance
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ORBS's rhythm, as soon as the buyback was announced, the price surged directly, a typical confidence release signal
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To put it simply, it's still about stabilizing morale. 125 million in real money is no joke
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This move is clever, using buybacks to block those who are bearish
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A 10% increase before the market opens sounds great, but we need to see if it can hold steady
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The buyback is effective, but the concern is what happens if there’s no follow-up
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Management spending their own money on buybacks really shows their attitude, and the market's reaction is quite genuine
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WLD's treasury is still operating, and this buyback scale is indeed significant
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Let's wait and see what happens next. 1.25 billion is not a small amount; whether it can be realized is the key
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Using buybacks to stabilize the market, we all understand the routine, but the key is that performance must keep up
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BlockchainWorker
· 12-29 14:21
Buyback this time, to put it simply, is the management betting on the future of their company by investing real money. This kind of confidence is still somewhat convincing.
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MeltdownSurvivalist
· 12-29 14:12
125 million buyback, the management is really betting on this. If you're confident, you need to show some guts.
WLD Treasury-listed company Eightco Holdings launches $125 million buyback, ORBS stock price pre-market up over 10%
【Blockchain Rhythm】Eightco Holdings (NASDAQ: ORBS) has been quite popular these days. Before the market opened on December 29, the stock price jumped over 10%, and the market capitalization also rose to $329 million.
What is the driving force behind this? The board of directors of WLD Treasury-listed company Eightco Holdings just approved a hefty plan—authorizing a stock buyback of up to $125 million. Such actions usually indicate that management is confident about the company’s prospects, using real cash to buy back shares to stabilize the stock price and shareholder confidence. Based on market reactions, investors are still on board.