Numerai has launched a $1 million buyback program for its NMR tokens in collaboration with Coinbase Institutional, effective October 9, 2025. The initiative is designed to stabilize the NMR market while maintaining current trading levels. Following the announcement, NMR's price briefly spiked to $22.87 before stabilizing between $16.11 and $16.36. Coinbase will execute buy orders at or near the current market price to minimize disruption. Numerai aims to enhance transparency and ensure long-term market stability through this strategic treasury management approach.