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CoinShares’ board approved a program to repurchase up to $40 million of ordinary shares, authorized until its next annual general meeting in Q2 2027. The company said it will use existing digital asset treasury resources, including proceeds from recent Ethereum and Solana sales.
CoinShares’ board approved a program to repurchase up to $40 million of its ordinary shares. The stock rose 6% to $4.03 in morning trade and remains down 64% over the past 12 months.