MemeStrategy, the first publicly listed company in Hong Kong to invest in the Solana ecosystem, purchased 2,440 SOL for HKD 2.9 million (369,442 USD). The company witnessed a 20% stock surge following this announcement, indicating strong market optimism.
Ray Chan, CEO, stated that investing in Solana reflects the company’s confidence in its potential within decentralized applications and Web3 innovations. He noted that the acquisition positions MemeStrategy to leverage the evolving digital asset landscape.
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