Stride (STRD) - Buy & Burn - 04 Mar 2025

Stride's Buy & Burn event might lead to a price jump for STRD. By burning a portion of the buyback tokens, the circulating supply decreases, potentially leading to a rise in price as supply tightens. The fact that 2% of STRD will be burned annually can create long-term buying pressure. High revenues reinvested into the token via this mechanism show confidence and commitment to increasing token value. Buyers may look to invest quickly, anticipating an immediate price impact. sourceBig week ahead!Buy back and burn upgrade set to pass today, chain upgrade with first buy & burn tomorrow.TLDR; Stride revenues are $500K annualized, with 85% of that available for daily buy & burn.At current prices, that's 2% of entire STRD burned annually!