TechFlow, on September 5, Jia Yueting posted on social media stating that Faraday Future's (FFAI) core principle has always been "shareholders first." The company has no intention of issuing FFAI shares for treasury stock purchases. If new policies require share issuance for such purposes, the company will strictly comply after official implementation.
Previously, Jia Yueting announced that Faraday Future launched a treasury product called FFAI C10 Treasury, based on a basket index of ten major cryptocurrencies.
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