BitTorrent has formally launched a long-term BTT buyback and burn program that will begin in the third quarter of 2026, with the first token burn and public disclosure scheduled for mid-October of the same year. The announcement, made on July 6, 2026, outlines a recurring quarterly process funded entirely by the revenue generated from the project's decentralized services, including BitTorrent Speed and the newly introduced BTTInferGrid AI inference service.
According to the plan, every quarter BitTorrent will direct 100% of its service revenue to purchase BTT tokens at market price. The purchased tokens will then be sent to a burn address, permanently removing them from circulation. The company emphasized that no new fundraising or treasury reserves will be used—the buybacks rely solely on operating income. The size of each buyback will therefore scale with service revenue, and BitTorrent expects the growth of BTTInferGrid to steadily increase purchasing power over time.
The first concrete data point will arrive in mid-October 2026, when BitTorrent publishes the amount of BTT burned, the percentage of total supply removed, and the on-chain transaction hash for independent verification. This transparency will be repeated each quarter, with disclosures coming in the middle of the first month of the following quarter.
The announcement comes as BTT trades near $0.00000027, down more than 90% from its all-time high of $0.0000034 reached in January 2022. With a market capitalization of roughly $265.7 million and about 987 trillion tokens in circulation (99.7% of the maximum supply of 990 trillion), the burn program directly targets the circulating supply rather than preventing future dilution. Holders hope the recurring buybacks will reverse the token's prolonged decline, though recent history offers mixed signals. While Hyperliquid's aggressive buyback has removed 4.4% of its supply and spent over $1.1 billion, Pump.fun's massive PUMP burns failed to arrest its price slide, and even Aster's burns coincided with price drops on occasion. BitTorrent’s approach, fully revenue-funded and verifiable, places it somewhere in between—promising design but starting from a token that has struggled for years.
