Numerai Buys Back $1.2M NMR to Reward AI Data Scientists

Decentralized hedge fund Numerai has finalized its third strategic buyback of Numeraire, buying $1.2 million worth of the NMR token on the open market. This latest purchase brings the company's total buybacks to $3.2 million over the past year, showing a strong commitment to its community of data scientists.

Numerai operates as an AI hedge fund that pools stock market predictions from thousands of independent global analysts. These contributors stake NMR tokens on their models to earn rewards for accurate predictions or lose them when they miss the mark. Since the supply of NMR is capped at 11 million tokens, Numerai is replenishing its treasury through open market purchases to keep paying out these incentives.

The strategy appears to be working. Numerai has seen its active accounts more than double over the past year, while the hedge fund's assets under management grew to approximately $700 million, up from $560 million at the end of 2025. The buyback itself was quietly executed over several weeks through Coinbase Institutional to keep market impact at a minimum.