Celestia Strikes Back: 43 Million TIA Repurchased from Polychain in Bold Buyback Move
Celestia just flexed its treasury muscles—snatching back a whopping 43 million TIA tokens from Polychain Capital in a strategic buyback. The modular blockchain player isn't just reclaiming assets; it's sending a message.
Why this matters: Buybacks scream confidence—or desperation. Either Celestia's betting big on TIA's future, or they're tired of watching VCs dump tokens like expired meme coins. (Let's be real—it's probably both.)
The fine print: No financial details disclosed, because why would crypto projects ever embrace transparency? Meanwhile, Polychain gets to book a tidy profit before the next market cycle turns their paper gains into vapor.
Bottom line: When protocols start playing hedge fund, grab popcorn. This could be genius capital allocation—or the crypto equivalent of buying high and selling low. Again.