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The Story Foundation has executed a buyback of approximately $3 million, with the IP rising over 50% in the last 24 hours.
Odaily News In the past 24 hours, Story Foundation has completed an IP buyback of $2,976,175 in the open market. This action is part of the $82 million buyback plan and is closely related to the $360 million IP reserve strategy (DTA) jointly promoted by Story and the US-listed company Heritage Distilling (CASK), which was implemented in early August. Driven by this news, the IP price has risen over 50% in 24 hours, currently reported at $8.0524.