Jia Yueting: Faraday Future has no plans to increase its holdings of treasury products by issuing shares
Source: BlockBeats
Time: 2025-09-05 13:11:10
According to BlockBeats, on September 5, Jia Yueting tweeted that Faraday Future (FFAI) core principles have always been "shareholders first." The company has no intention of issuing FFAI shares for treasury increase. If the new policy requires the issuance of shares for such purposes, the company will strictly abide by it after formal implementation. On August 17, Faraday released the C10 Treasury, a treasury product configured based on the "C10 Index". The first phase aims to purchase crypto assets of $500 million in total after obtaining the necessary funds. The first allocation amount is US$30 million.