PANews, June 16 - Hong Kong-listed company Meme Strategy announced that it has purchased 2,440 Solana (SOL) in the open market, with a transaction amount of approximately 2.9075 million HKD, funded by the company’s internal resources. The announcement stated that Solana has key value in decentralized applications, DeFi infrastructure, and Web3 innovations. The company previously renamed itself to “MEMESTRATEGY (Meme Strategy)” and its stock code remains “2440”, reflecting its strategic focus shifting towards encryption and the Web3 field. Following the announcement, Meme Strategy (HK2440) stock price rose by approximately 21%, currently reported at 2.42 HKD/share.
It was previously reported that 9GAG co-founder announced the acquisition of Hong Kong stock listed company, Hoi King Technology Holdings, and plans to rename it to MemeStrategy and allocate Bitcoin.
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The Hong Kong-listed company's strategy saw its stock price rise over 20% after announcing the purchase of 2,440 SOL.
PANews, June 16 - Hong Kong-listed company Meme Strategy announced that it has purchased 2,440 Solana (SOL) in the open market, with a transaction amount of approximately 2.9075 million HKD, funded by the company’s internal resources. The announcement stated that Solana has key value in decentralized applications, DeFi infrastructure, and Web3 innovations. The company previously renamed itself to “MEMESTRATEGY (Meme Strategy)” and its stock code remains “2440”, reflecting its strategic focus shifting towards encryption and the Web3 field. Following the announcement, Meme Strategy (HK2440) stock price rose by approximately 21%, currently reported at 2.42 HKD/share. It was previously reported that 9GAG co-founder announced the acquisition of Hong Kong stock listed company, Hoi King Technology Holdings, and plans to rename it to MemeStrategy and allocate Bitcoin.