Strive CEO announces that SATA issuance mechanism will no longer default to automatic issuance at $100

Strive CEO Matt Cole announced on the X platform that going forward, SATA will no longer default to automatic share/token issuance at $100, but the core goal around SATA remains to anchor its price at $100 and minimize long-term volatility. Matt Cole pointed out that unless otherwise communicated, investors should not assume Strive will automatically issue additional SATA at the $100 price level, although under normal market conditions this mechanism may still "potentially occur." The current market environment is "not normal," so the company needs to retain higher flexibility in issuance decisions, which also aligns with long-term shareholder interests and SATA's stability objectives. Overly mechanized issuance rules could be exploited by market behavior, actually increasing volatility risk in the long run, hence an overly rigid mechanism design will not be adopted.

Furthermore, whether Strive suspends issuance or takes other measures will be based entirely on management's judgment regarding long-term shareholder interests and stability, without providing advance "notice of specific operations" externally. It is expected to reference market data such as short ratio and borrowing costs, but will not rely on any single indicator.