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Spark has repurchased 1.84 million SPK, investing approximately $36,000
Svmuu News According to monitoring by Yu Jin, Spark transferred 570,000 USDS to a new multi-signature wallet the day before yesterday and conducted multiple small purchases of $SPK using CoW Swap's TWAP function. As of now, 1.84 million SPK have been repurchased, valued at approximately $36,000. Spark's repurchase mechanism is as follows: $35 million is reserved as an operational reserve in the treasury and remains untouched; 10% of the remaining funds are withdrawn monthly for SPK repurchases, with the plan to continue for 12 months.
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