Nasdaq-Listed Company Approves Plan to Buy More of Surprise Altcoin

ALT5 Sigma Corporation announced a comprehensive capital plan encompassing both a share buyback program and the purchase of $WLFI tokens, following a decision by its board of directors.

World Liberty Financial ($WLFI) is known as an altcoin linked to the family of US President Donald Trump.

According to a company statement, the board of directors approved a share buyback program of up to $100 million. Under the program, the goal is to repurchase up to 50 million shares at prices below net asset value (NAV). This amount represents approximately 40% of the company’s outstanding shares. ALT5 Sigma stated that this step aims to increase shareholder value by taking advantage of the discount in market value.

The board also approved the continuation of $WLFI token purchases from the secondary market. It was announced that ALT5 currently holds approximately 7.3 billion $WLFI tokens, with a current value of approximately $1.5 billion.

To implement the program, ALT5 signed a $15 million loan agreement with World Liberty Financial. The company also stated that it could secure additional financing from its balance sheet, which exceeds $1.6 billion, if needed in the future.

ALT5 Sigma CEO Tony Isaac said the share buyback and $WLFI token investments demonstrate management’s strong confidence in the company’s long-term value and strategic direction.

*This is not investment advice.

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