Confident in the Future: EOS Developers Attempt 10% Buyback Ahead of Major Announcement

Cointelegraph

Published May 25, 2019 12:14PM ET

Confident in the Future: EOS Developers Attempt 10% Buyback Ahead of Major Announcement

Earlier this week, it was revealed that EOS developer Block.one is attempting a 10% buyback of its stock, reportedly the second one in less than a year.

It seems that some of the company’s investors are up for a big payday: The earliest backers could expect a hefty 6,567% return on their initial investments, while Michael Novogratz has already managed to secure a much more modest, though still profitable, 123% return.

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