Crypto stock surges on $30M share repurchase announcement

Shares of Figure Technology Solutions (Nasdaq: FIGR) jumped more than 7% on Feb. 13 after the blockchain-based lending and capital markets company shared preliminary financial results for the fourth quarter of 2025 and announced plans for a secondary stock offering.

The company said it expects fourth-quarter revenue of between $158 million and $162 million. It also expects adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $80 million to $83 million. Both figures are higher than what Wall Street analysts have estimated.

Figure also said its consumer loan marketplace handled $2.7 billion in loans during the fourth quarter. That’s up 131% compared to the same period last year, showing strong growth in loan activity on its platform.

CEO Michael Tannenbaum said,

“We are closing the year with strong fourth quarter results, reflecting growing momentum for Figure. We achieved triple-digit year-over-year growth in Consumer Loan Marketplace volume, increased adoption of Figure Connect, and saw expanding activity within our blockchain ecosystem, reinforcing the diversity and scalability of our model.”

He added, “Looking ahead, we remain focused on expanding our partner network, deepening our marketplace liquidity, and advancing our blockchain-native infrastructure.”

In addition to the earnings update, Figure announced plans for a secondary public offering of up to 4,230,000 shares of its Series A Blockchain Common Stock.

In simple terms, existing shareholders would sell some of their shares to new investors if the offering moves forward.

Major investment banks, Goldman Sachs, Morgan Stanley, and Cantor Fitzgerald, will manage the stock sale.

Post the offering, Figure plans to buy back up to $30 million worth of shares from the underwriters using cash it already has.

Stock repurchases can reduce the number of shares in the market, which may support the share price.

Following the news, Figure’s stock rose more than 7% to $36.53.

The company will release its full 2025 fourth quarter financial results after the closing bell on Feb. 26.

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This story was originally published by TheStreet on Feb 13, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.