Numerai Completes Third Strategic NMR Purchase, Bringing Yearly Repurchases to $3.2 Million

Numerai completed its third strategic NMR purchase, buying $1.2 million on the open market and bringing total repurchases over the past year to $3.2 million. According to NS3.AI, the buyback is intended to support Numerai's staking system. The company said it now manages approximately $700 million in assets.