Group 1 - Faraday Future (FFAI.US) experienced a 9% decline, closing at $2.52 [1] - The company announced a surprising cryptocurrency strategy, planning to invest in a digital asset portfolio and launch the world's first "electric vehicle industry cryptocurrency index fund" [1] - Faraday Future has committed an initial investment of $30 million to purchase crypto assets, with a goal to expand holdings to "tens of billions" in the future [1] Group 2 - The asset portfolio will include the top ten non-stablecoin cryptocurrencies (such as Bitcoin and Ethereum) and will utilize a dynamic rebalancing mechanism to ensure investment diversity [1] - Industry analyst John Murphy commented that entering the cryptocurrency market while the core business is not yet stable is akin to walking a tightrope on the edge of a cliff [1]

Core Viewpoint - Faraday Future (FFAI.US) announced a surprising cryptocurrency strategy, planning to invest in a digital asset portfolio and launch the world's first "electric vehicle industry cryptocurrency index fund" [1] Group 1: Cryptocurrency Strategy - The company has committed an initial investment of $30 million to purchase crypto assets under the "C10 Treasury" plan [1] - The goal is to expand the portfolio to "tens of billions" in the future, covering the top ten non-stablecoin cryptocurrencies such as Bitcoin and Ethereum [1] - A dynamic rebalancing mechanism will be employed to ensure investment diversity within the portfolio [1] Group 2: Market Reaction and Analyst Commentary - Following the announcement, Faraday Future's stock dropped by 9%, closing at $2.52 [1] - Industry analyst John Murphy commented that entering the cryptocurrency market while the core business is not yet stable is akin to walking a tightrope on the edge of a cliff [1]