$BIT Purchase Updates: 2022

According to BIP-9, $21,000,000 worth of $BIT has been purchased in June 2022.

• 43,929,194.24 $BIT have been purchased
• Average purchase price is $ 0.4801720588
• Source of the $21,000,000 fund is from Bybit’s June contribution (https://docs.bitdao.io/partners/bybit-pledge)
• Purchase was executed through TWAP trades (around $486 worth of BIT purchases every minute) by a bot on Bybit
• The purchased 43,929,194.24 $BIT will be contributed to BitDAO treasury by July 15, 2022

According to BIP-12, $6,000,000 worth of $BIT has been purchased from July 1, 2022 to July 4, 2022.

• 3,496,662.03 $BIT was purchased on July 1; average purchase price was $ 0.428388948530722
• 3,518,947.52 $BIT was purchased on July 2; average purchase price was $0.425379930555561
• 3,516,567.77 $BIT was purchased on July 3; average purchase price was $0.4259480716
• 3,481,139.91 $BIT was purchased on July 4; average purchase price was $0.430021199006549
• Source of the fund is from BitDAO treasury; 45,000,000 USDT has been transferred from BitDAO treasury to fund the purchase program from July 1, 2022 to July 30, 2022
• Purchase is executed through TWAP trades (around $1,041.7 worth of BIT purchase every minute) by a bot on Bybit
• The purchased $BIT in July will be transferred back to BitDAO treasury by August 15, 2022

$BIT Purchase Updates (July 5–July 10, 2022)

According to BIP-12, $9,000,000 worth of $BIT has been purchased from July 5, 2022 to July 10, 2022.

• 20,081,539.93 $BIT was purchased from July 5 to 10; average purchase price was $0.4481728011
• Source of the fund is from BitDAO treasury
• Purchase is executed through TWAP trades (around $1,041.7 worth of BIT purchase every minute) by a bot on Bybit
• The purchased $BIT in July will be transferred back to BitDAO treasury by August 15, 2022

$BIT Purchase Updates (July 11–July 17, 2022)

According to BIP-12, $10,500,000 worth of $BIT has been purchased from July 11, 2022 to July 17, 2022.

• 22,974,645.77 $BIT was purchased from July 11 to 17; average purchase price was $​​0.4564310978
• Source of the fund is from BitDAO treasury
• Purchase is executed through TWAP trades (around $1,041.7 worth of BIT purchase every minute) by a bot on Bybit
• The purchased $BIT in July will be transferred back to BitDAO treasury by August 15, 2022

$BIT Purchase Updates (July 18–July 24, 2022)

According to BIP-12, $10,500,000 worth of $BIT has been purchased from July 18, 2022 to July 24, 2022.

• 19,707,942.47 $BIT was purchased from July 18 to 24; average purchase price was $0.5327801223
• Source of the fund is from BitDAO treasury
• Purchase is executed through TWAP trades (around $1,041.7 worth of BIT purchase every minute) by a bot on Bybit
• The purchased $BIT in July will be transferred back to BitDAO treasury by August 15, 2022

$BIT Purchase Updates (July 25 — July 31, 2022)

According to BIP-12, $10,500,000 worth of $BIT has been purchased from July 25, 2022 to July 31, 2022.

• 16,392,393.37 $BIT was purchased from July 25 to 31; average purchase price was $0.6405409975
• Source of the fund is from BitDAO treasury
• Purchase is executed through TWAP trades (around $1,041.7 worth of BIT purchase every minute) by a bot on Bybit
• The purchased $BIT in July will be transferred back to BitDAO treasury by August 15, 2022

$BIT Purchase Updates (August 1— August 7, 2022)

According to BIP-12, $10,500,000 worth of $BIT has been purchased from August 1, 2022 to August 7, 2022.

• 14,527,622.58 $BIT was purchased from August 1 to 7; average purchase price was $0.7227610672
• Source of the fund is from BitDAO treasury
• Purchase is executed through TWAP trades (around $1,041.7 worth of BIT purchase every minute) by a bot on Bybit
• The purchased $BIT in August will be transferred back to BitDAO treasury by September 15, 2022

$BIT Purchase Updates (August 8— August 14, 2022)

According to BIP-12, $10,500,000 worth of $BIT has been purchased from August 8, 2022 to August 14, 2022.

• 14,833,680.38 $BIT was purchased from August 8 to 14; average purchase price was $0.7078486074
• Source of the fund is from BitDAO treasury
• Purchase is executed through TWAP trades (around $1,041.7 worth of BIT purchase every minute) by a bot on Bybit
• The purchased $BIT in August will be transferred back to BitDAO treasury by September 15, 2022

$BIT Purchase Updates (August 14— August 21, 2022)

According to BIP-12, $10,500,000 worth of $BIT has been purchased from August 14, 2022 to August 21, 2022.

• 20,966,743.48 $BIT was purchased from August 14 to 21; average purchase price was $0.5007930779
• Source of the fund is from BitDAO treasury
• Purchase is executed through TWAP trades (around $1,041.7 worth of BIT purchase every minute) by a bot on Bybit
• The purchased $BIT in August will be transferred back to BitDAO treasury by September 15, 2022

$BIT Purchase Updates (August 21 — August 28, 2022)

According to BIP-12, $10,500,000 worth of $BIT has been purchased from August 21, 2022 to August 28, 2022.

• 20,637,848.02 $BIT was purchased from August 21 to 28; average purchase price was $0.5087739763
• Source of the fund is from BitDAO treasury
• Purchase is executed through TWAP trades (around $1,041.7 worth of BIT purchase every minute) by a bot on Bybit
• The purchased $BIT in August will be transferred back to BitDAO treasury by September 15, 2022

$BIT Purchase Updates (August 29 — September 4, 2022)

According to BIP-12, $10,500,000 worth of $BIT has been purchased from August 29, 2022 to September 4, 2022.

• 17,927,057.92 $BIT was purchased from August 29 to September 4; average purchase price was $0.5857068152
• Source of the fund is from BitDAO treasury
• Purchase is executed through TWAP trades (around $1,041.7 worth of BIT purchase every minute) by a bot on Bybit
• The purchased $BIT in August will be transferred back to BitDAO treasury by September 15, 2022

$BIT Purchase Updates (September 5 — September 11, 2022)

According to BIP-12, $10,500,000 worth of $BIT has been purchased from September 5, 2022 to September 11, 2022.

• 16,824,797.91 $BIT was purchased from September 5 to 11; average purchase price was $0.6240788184
• Source of the fund is from BitDAO treasury
• Purchase is executed through TWAP trades (around $1,041.7 worth of BIT purchase every minute) by a bot on Bybit
• The purchased $BIT in September will be transferred back to BitDAO treasury by September 30, 2022

$BIT Purchase Updates (September 12— September 15, 2022)

According to BIP-12, $10,500,000 worth of $BIT has been purchased from September 12, 2022 to September 15, 2022.

• 10,048,685.05 $BIT was purchased from September 12 to 15; average purchase price was $0.5970930495
• Source of the fund is from BitDAO treasury
• Purchase is executed through TWAP trades (around $1,041.7 worth of BIT purchase every minute) by a bot on Bybit
• The purchased $BIT in September will be transferred back to BitDAO treasury by September 30, 2022

According to BIP-14, the Target Daily Purchase Amount (TDPA) has been paused from Sept. 16, 2022.

BitDAO Twitter: https://twitter.com/BitDAO_Official
Official Telegram: https://t.me/BitDAO_Official
BitDAO Discord: https://discord.com/invite/bitdao