Numerai manages approximately $700 million in assets, repurchasing a cumulative total of $3.2 million worth of NMR over the past year

Odaily Planet Daily reports that decentralized hedge fund Numerai has completed its third strategic purchase of NMR, acquiring an additional $1.2 million worth of NMR from the open market, bringing its total NMR repurchases over the past year to $3.2 million.

Numerai stated that this repurchase is used to support its staking system. This system allows independent data scientists to stake NMR on models, which earn additional NMR when the models perform well in predicting future market data, and lose the staked tokens when they perform poorly.

Numerai stated that since announcing its first strategic repurchase in July 2025, its number of active accounts has more than doubled. It has also launched infrastructure such as Numerai Skills, the Numerai Model Context Protocol, and Atomic Blockchain Staking.

Numerai currently manages approximately $700 million in assets, up from about $560 million at the end of 2025. Numeraire is a fixed-supply Ethereum token with a maximum supply of 11 million NMR; this repurchase was executed on the open market over several weeks via Coinbase Institutional.