According to PANews, Hong Kong-listed company MemeStrategy has announced the acquisition of 2,440 Solana (SOL) tokens in the open market, with the transaction valued at approximately HKD 2.9075 million. The funds for this purchase were sourced internally. The company highlighted Solana's key value in decentralized applications, DeFi infrastructure, and Web3 innovation. Recently, the company rebranded to 'MEMESTRATEGY,' while retaining its stock code '2440,' signaling a strategic shift towards the crypto and Web3 sectors. Following the announcement, MemeStrategy's (HK2440) stock price rose by about 21%, currently trading at HKD 2.42 per share.
Previously, it was reported that 9GAG's co-founder completed the acquisition of Hong Kong-listed company Hypebeast Technology Holdings, with plans to rename it MemeStrategy and incorporate Bitcoin into its strategy.
