Numerai completes third NMR buyback, taking 12-month total to $3.2 million

Numerai said it completed a third open-market purchase of Numeraire, buying an additional $1.2 million of NMR and lifting its total buybacks over the past year to $3.2 million. The company said the purchases support the staking system that ties rewards and penalties to the performance of models submitted by thousands of independent data scientists, whose signals feed Numerai’s Stake-Weighted Meta Model. Contributors stake NMR (the platform’s native token) on their forecasts, earning more tokens when predictions perform well on future market data and losing tokens when they do not. Numerai said that model continues to outperform its internal benchmark models. The company also said its network has expanded since the first strategic buyback in July 2025, with active accounts more than doubling, submissions rising, and new tools including Numerai Skills, Numerai Model Context Protocol (MCP), and Atomic Blockchain Staking introduced to support more autonomous participation by AI systems. According to the company, assets under management have grown to about $700 million from about $560 million at the end of 2025. Numeraire is described as a fixed-supply Ethereum token capped at 11 million NMR, and because tournament rewards and staking incentives are paid from Numerai’s treasury, the firm said it is replenishing holdings through open-market purchases. Before this latest buyback, about 3.1 million NMR remained in the treasury. The transaction, unlike the prior two announcements, had already been completed before disclosure and was executed through Coinbase Institutional at or near the bid price over several weeks to limit market impact.