Official Statement from BigStrategy Inc.
Today, $BSTR experienced a brief period of sharp price volatility. The team immediately launched an investigation. Based on the preliminary findings from the timeline, the earliest price irregularities in $BSTR occurred on the
@MEXC_Official , with the issue originating from the
@MEXC_Official order book. It is important to note that we do not have any market makers representing us on
@MEXC_Official .
We have contacted the relevant parties to further understand the situation. The market has since stabilized, and we are implementing measures to ensure such incidents do not happen again in the future.
$BSTR is a fundamentally valuable token, backed by on-chain reserves. As long as our reserves remain, there will never be a day when $BSTR goes to zero. We will continue to monitor the market closely and maintain transparent communication with our community.
The CEO
BigStrategy Inc.