Hong Kong-listed company MemeStrategy increased its holdings of SOL by 2,440 tokens, bringing its total holdings to 12,290 tokens.
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TL;DR
Hong Kong-listed MemeStrategy bought 2,440 SOL tokens for HK$2.4 million, increasing total holdings to 12,290 SOL. The company plans to stake these tokens via its Solana validator to earn rewards and create new income.
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SolanaSEC Security TokenLayer 1Solana EcosystemMemeStrategySOL tokensHong Kong Stock Exchangestakingcryptocurrency investment
On December 17, according to an announcement from the Hong Kong Stock Exchange, Hong Kong-listed company MemeStrategy disclosed that it had spent HK$2.4 million to purchase 2,440 SOL tokens on the open market. As of now, the company holds a total of 12,290 SOL tokens, with a purchase cost of approximately HK$14.9 million. MemeStrategy stated that it will use its dedicated Solana validator to stake its SOL holdings to generate returns through staking rewards and create a new source of income.