Governance Overview

HashStrategy is governed by a decentralized autonomous organization (DAO) composed of $HS token holders who collectively own and steer the protocol. While token holders are the ultimate source of governance authority, they do not vote on proposals directly. Instead, they delegate governance power to a group of elected validators, a weighted council of trusted representatives responsible for proposal review, capital oversight, and strategic decision-making.

This governance model is designed to balance decentralization and operational efficiency. Token holders retain full control through delegation and veto rights, while professional actors are empowered to carry out protocol-critical decisions with agility and accountability. All protocol assets, including mining infrastructure and Bitcoin reserves, are held by the Foundation, a legal entity accountable to the DAO.