BitTorrent burns 21.62 trillion BTT worth $7.6M, unveils AI whitepaper
- —21,621,611,570,729.6 BTT burned in a transaction valued at $7,600,907
- —Buyback funded by 100% of third-quarter decentralized service revenue
- —New whitepaper links BitTorrent Mainnet, BTTInferGrid and BTTC
- —Client installations hit 587.9 million; BTT staking on BTTC offers up to 6.84% APY
Why it matters: The first revenue-linked buyback sets a template for future burns, though it does not guarantee a higher BTT price.
Source: crypto.news