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The BSC project BigStrategy purchased 2 million WLFI as reserves, which will be used for on-chain Dividend.
[Coin World] On August 5th, according to official news, the BSC on-chain meme project BigStrategy Inc. (BSTR) announced the completion of its first purchase of 2 million WLFI through over-the-counter (OTC) transactions, which will be held as treasury reserves for the long term. The community generally predicts that the initial circulation ratio of WLFI will be around 5%. Against the backdrop of an extremely low overall circulating quantity, this reserve provides BigStrategy Inc. with relatively sufficient early allocation and long-term holding foundation. It was introduced that this portion of WLFI will be incorporated into the project treasury for long-term holding, and all future earnings will be distributed as on-chain dividends according to the holdings ratio of BSTR shareholders. This reserve has been completed and details have been simultaneously published on the official website. BigStrategy Inc. is the first project to operate in the form of an on-chain company and implement the 'WLFI Micro Strategy' model, focusing on reserving WLFI and USD1 ecological assets, with its token BSTR representing company equity and governance rights.