BlockBeats news, June 16, the Hong Kong listed company MemeStrategy announced that it has purchased 2,440 Solana (SOL) in the open market, with a transaction amount of approximately 2.9075 million Hong Kong dollars, funded by the company's internal resources. The announcement stated that Solana has key value in decentralized applications, DeFi infrastructure, and Web3 innovations. After the announcement, MemeStrategy (HK2440) stock price rose by about 21%, currently reported at 2.42 HKD/share.
In previous news, 9GAG co-founder announced the completion of the acquisition of Hong Kong listed company HoKing Technology Holdings, planning to rename it to MemeStrategy and allocate Bitcoin, reflecting its strategic focus shifting towards the crypto and Web3 fields.
