They are buying back shares because they feel the company is...

They are buying back shares because they feel the company is undervalued and has multiple cash flow positive revenue streams and a very healthy balance sheet
Great update I felt and a lot to look forward to over the coming two years with plenty of future revenue growth in helping us achieve a $1b MC within 2 years
First billion is always the hardest for any company and it will only be the beginning for ICI
Animoca very aligned with our objectives and helping us succeed
Seemed to be an extremely switched on, connected and motivated team now
Realistically this is just an undervalued company based on the size of the team and the market they’re entering along with how much revenue that will be generated moving forward
$160m MC will be a thing of the past soon and yes, Froyo is just a strategic partner and way for us to enter the Web 3.0 and share in the revenue that comes from that