CoinEx Completes 12th CET Buyback and Burn of 2025, Destroying 14,142,461 CET
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3h ago
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Source: Globenewswire
- Buyback and Burn Achievement: CoinEx successfully burned 14,142,461 CET in its 12th buyback of 2025, valued at approximately $588,595, further solidifying its commitment to long-term value creation for CET.
- Cumulative Buyback Data: As of January 5, 2026, CoinEx has repurchased a total of 2,333,674,952.96 CET and burned 7,414,655,007.78 CET, leaving 2,546,054,360.36 CET remaining, showcasing its ongoing operational capability and transparency in the market.
- Long-term Strategy Implementation: Since implementing the CET buyback and burn mechanism in 2021, CoinEx has repurchased and burned a total of 166,822,892.30 CET between 2025 and 2026, valued at approximately $9.30 million, reflecting its long-term commitment to CET as a core asset.
- Ecosystem Commitment: CoinEx plans to ensure CET's central role in its ecosystem by continuously expanding its utility and empowering the ecosystem, positioning itself to adapt to the evolving market landscape.
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About CET
Central Securities Corporation is a non-diversified, closed-end management investment company. The Company’s investment objective is long-term growth of capital. Income received from investments is a secondary consideration. In pursuing its investment objective, the Company invests primarily in equity securities. It owns a limited number of companies, and it invests for the long-term. The Company may sell securities for a variety of reasons, including excessive valuation, deteriorating results or to redeploy assets into more promising opportunities. It is not restricted as to the types of securities in which it invests. The Company may invest in securities of issuers with any market capitalization. The Company invests in various sectors, including insurance underwriters, diversified financial, semiconductor, technology hardware and equipment, communication services, health care, energy, software and services, insurance brokers, retailing, and real estate, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
