MemeStrategy purchases 2,440 Solanas. The company's official statement highlighted Solana's value proposition in enabling DeFi infrastructure, dApps, and wider Web3 use cases, positioning this investment as a strategic allocation to growing digital ecosystems.
In Monday's trading session, MemeStrategy's share price increased by almost 21% to HK$2.42 per share after the announcement. Along with formally changing its name to "MemeStrategy," the company's ticker has not changed.
The name change is a reflection of its continued strategic move into the Web3 and cryptocurrency industries.
