According to @KobeissiLetter, US corporate buyback authorizations are up 16 percent year over year in 2025 to a record 1.15 trillion dollars, marking the second consecutive annual increase. source: @KobeissiLetter on X, Oct 23, 2025. Since the 2020 low, total share repurchase authorizations have more than tripled. source: @KobeissiLetter on X, Oct 23, 2025. Buybacks by the four largest US banks rose by 9.6 billion dollars year over year, or 83 percent, to 21.1 billion dollars in the third quarter of 2025. source: @KobeissiLetter on X, Oct 23, 2025. The author adds that buybacks will add fuel to the fire, indicating a supportive backdrop for equities that traders are watching. source: @KobeissiLetter on X, Oct 23, 2025. For crypto market context, stronger co-movements between Bitcoin and US stocks during risk-on episodes have been documented, which makes equity buyback momentum relevant for crypto risk sentiment tracking. source: International Monetary Fund, Crypto Prices Move More in Sync With Stocks, Jan 2022.

According to @KobeissiLetter, U.S. companies have announced over $1 trillion in share buybacks year-to-date in 2025, marking the fastest pace to reach that threshold on record, source: @KobeissiLetter on X dated Aug 28, 2025. July announced repurchases totaled $166 billion, the highest on record for that month, source: @KobeissiLetter on X dated Aug 28, 2025. The update highlights Apple (AAPL) and Alphabet among notable repurchase announcers in May and April, source: @KobeissiLetter on X dated Aug 28, 2025. No cryptocurrencies were mentioned in the update, source: @KobeissiLetter on X dated Aug 28, 2025.