#MemeStrategy Becomes First Hong Kong Listed Company To Buy $SOL


Hong Kong-listed #MemeStrategy has acquired 2,440 $SOL tokens worth approximately $370,000 in a historic #treasury allocation.


The company, controlled by Memeland founder and former 9GAG CEO Ray Chan, executed the purchase at HK$1,191 per token through OSL Group.


MemeStrategy operates as Asia's first publicly listed digital asset venture, focusing on AI, #blockchain, and culture investments.


The $SOL investment serves three strategic objectives: accessing Solana's expanding developer ecosystem, earning staking rewards through proof-of-stake validation, and diversifying assets.


"Solana is a leading blockchain project with wide-ranging applications, from decentralized platforms to AI-driven Web3 solutions," said CEO Ray Chan.


The announcement triggered a 28.5% surge in MemeStrategy's stock price to HK$2.57 on Monday.


MemeStrategy joins other publicly traded companies like Sol Strategies and Upexi Inc. in adding #Solana to their treasury strategies.

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June 16, 2025 at 11:09 PM
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