Woofun AI reports that decentralized hedge fund Numerai has finalized its third strategic repurchase of Numeraire (NMR), acquiring $1.2 million worth of tokens from the open market. This transaction elevates the cumulative buyback volume to $3.2 million over the past twelve months. The repurchases were conducted in batches through Coinbase Institutional prior to public disclosure to mitigate market price impact.

The initiative supports the platform's machine learning competition ecosystem, where data scientists stake NMR to submit models for the Stake-Weighted Meta Model. Since the initial buyback program launched in July 2025, active account counts have more than doubled. Assets under management expanded from approximately $560 million at the end of 2025 to roughly $700 million currently. The treasury retains approximately 3.1 million NMR following this execution.