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Veteran investor Pumpius praised Ripple’s recent share buyback decision as a “masterstroke” for XRP holders, signaling a potential shift in the digital asset ecosystem.
According to crypto-focused media outlet The Crypto Basic on March 12 (local time), Bitcoin (BTC) veteran investor Pumpius analyzed that Ripple’s $750 million share repurchase program sends a strong signal reinforcing XRP’s long-term outlook. The buyback is being carried out as a tender offer to repurchase shares from employees and investors and will continue through April. Through this program, Ripple has solidified its position as one of the most valuable companies in the crypto industry, with an estimated valuation of approximately $50 billion.
Pumpius emphasized that Ripple’s move to spend hundreds of millions of dollars to reclaim equity demonstrates the company’s strong control over the XRP ecosystem and its long-term conviction. He described Ripple’s decision to maintain dominance rather than liquidate large holdings as the “ultimate move,” arguing that it reflects the company’s belief that the value of digital assets will rise significantly in the future. This strategy is expected to further strengthen Ripple’s institutional influence despite market uncertainties.
Notably, Ripple’s corporate valuation has surged despite a broader downturn in the crypto market. The new $50 billion valuation marks a 25% increase from the $40 billion recorded last November when the company raised funds from Pantera Capital and Galaxy Digital. Even though XRP’s price has fallen more than 60% from its October peak, Ripple has continued aggressive infrastructure expansion, including acquisitions such as Hidden Road and GTreasury.
There are critical perspectives on whether Ripple’s rising corporate valuation will directly benefit XRP holders. Some analysts point out that Ripple may be selling XRP to finance corporate expansion or share buybacks, raising concerns that while institutional investors profit through equity ownership, retail investors merely provide market liquidity. In fact, Ripple recently moved 200 million XRP—worth approximately $280 million—out of the 1 billion XRP released from escrow, sparking speculation about potential sales.
Global investors are closely watching whether the vast financial infrastructure Ripple is building will ultimately translate into a rise in XRP’s price. Supporters interpret the move as a strong vote of confidence in the ecosystem, while skeptics caution that the link between corporate success and token price remains unclear.
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