Travala said on Oct. 8 that it has completed its strategic reserve buyback for the month and matched the AVA Foundation’s monthly repurchase, adding 228,577.74 AVA to the AVA strategic reserve. The company said the newly added tokens will be held permanently and will not be sold or transferred. Following the latest addition, the balance of the AVA strategic reserve rose to 598,458.78 AVA. The update was reported by BlockBeats as a 7x24 newsflash. No further details on the buyback structure or execution were disclosed in the brief announcement.
Travala said on Oct. 8 that it has completed this month’s strategic reserve buyback and matched the AVA Foundation’s monthly repurchase, adding 228,577.74 AVA to the AVA strategic reserve.
The company said the AVA added in this round will be held permanently and will not be sold or transferred. After the purchase, the AVA strategic reserve balance increased to 598,458.78 AVA.
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