HashKey Response: The first HSK buyback will be initiated after operational stabilization.

BlockBeats News, April 15th, HashKey released an open letter to the community stating: "Thank you for your attention to the HSK token buyback and burn mechanism. We have always adhered to the whitepaper commitment—20% of the Group's net profit will be used for buyback and burn, which is a commitment to long-term value."

Currently, HashKey Group is fully committed to compliance infrastructure and global market expansion, with some businesses still in a strategic investment phase. We understand everyone's expectations for the buyback, and once operations stabilize, we will immediately start the first round of buyback and provide timely updates.

BlockBeats previously reported that earlier today, the community questioned that the HashKey token HSK did not undergo the buyback and burn as specified in the whitepaper. The "Buyback/Burn" data on the HashKey Group's HSK page is 0. The HashKey trading platform stated that the burn results will be announced on the 11th day of each quarter. HSK was launched on November 11, 2024. On April 11th this year, HashKey announced that the HSK token burn plan will be regularly evaluated and disclosed when applicable. The community understands that currently HSK has not undergone buyback and burn.