PANews reported on September 5th that Faraday Future founder Jia Yueting stated on the X platform that Faraday Future (FFAI)'s core principle has always been "shareholders first." The company has no intention of issuing FFAI shares for treasury purposes. If new policies require the issuance of shares for such purposes, the company will strictly comply after they are officially implemented. On August 17th , Faraday Future announced the launch of C10 Treasury, a treasury product based on the "C10 Index." The initial phase aims to purchase crypto assets totaling $500 million to $1 billion, once the necessary funding is secured. The initial allocation will be $30 million.PANews reported on September 5th that Faraday Future founder Jia Yueting stated on the X platform that Faraday Future (FFAI)'s core principle has always been "shareholders first." The company has no intention of issuing FFAI shares for treasury purposes. If new policies require the issuance of shares for such purposes, the company will strictly comply after they are officially implemented. On August 17th , Faraday Future announced the launch of C10 Treasury, a treasury product based on the "C10 Index." The initial phase aims to purchase crypto assets totaling $500 million to $1 billion, once the necessary funding is secured. The initial allocation will be $30 million.
Jia Yueting: Faraday Future has no plans to increase its holdings in treasury products through a share issuance
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PANews reported on September 5th that Faraday Future founder Jia Yueting stated on the X platform that Faraday Future (FFAI)'s core principle has always been "shareholders first." The company has no intention of issuing FFAI shares for treasury purposes. If new policies require the issuance of shares for such purposes, the company will strictly comply after they are officially implemented.
On August 17th , Faraday Future announced the launch of C10 Treasury, a treasury product based on the "C10 Index." The initial phase aims to purchase crypto assets totaling $500 million to $1 billion, once the necessary funding is secured. The initial allocation will be $30 million.
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