According to TechFlow TechFlow, on January 3rd, Amir, the founder of the decentralized telecommunications infrastructure project Helium, tweeted that the market does not seem to care about the project team's behavior of buying back its tokens from the market. Therefore, under the current circumstances, he decided to stop wasting funds on buybacks.
He stated that Helium and its mobile business generated $3.4 million in revenue in October of last year alone, and he preferred to use these funds to expand the business rather than invest them in a bottomless pit.
