BlockBeats news, on August 5, according to official news, the meme project BigStrategy Inc. (BSTR) on the BSC chain announced the completion of its first purchase of 2 million WLFI through over-the-counter (OTC) transactions, which will be held in the treasury as a long-term reserve. It is generally predicted by the community that the initial circulation ratio of WLFI will be about 5%. Against the backdrop of an overall low circulating supply, this reserve provides BigStrategy Inc. with a relatively adequate early allocation and long-term holding foundation.
According to the introduction, this portion of WLFI will be included in the project's treasury for long-term holding, and all future earnings generated will be distributed on-chain according to the holding ratio of BSTR shareholders. This reserve has been completed and details are publicly announced on the official website.
BigStrategy Inc. is the first project to operate in the form of an on-chain company, implementing the 'WLFI Micro Strategy' model, focusing on the reserve of WLFI and USD1 ecological assets, with its token BSTR representing company equity and governance rights.