'MemeStrategy' becomes the first Hong Kong-listed company to accumulate Solana…worth 500 million KRW
Summary
- MemeStrategy announced that it purchased Solana (SOL) worth approximately 500 million KRW.
- This transaction is reported as the first case of Solana investment by a Hong Kong-listed company.
- MemeStrategy emphasized its confidence in Solana’s long-term potential and the alignment with the company’s vision, signaling plans to strengthen its market position.
Hong Kong Stock Exchange-listed crypto (virtual asset) company MemeStrategy announced that it has purchased Solana (SOL). This marks the first time a Hong Kong-listed company has invested in Solana.
On the 16th (local time), MemeStrategy stated on its website, "Today, we purchased 2,440 SOL in the open market," and added, "The value is around 2.9 million Hong Kong dollars (500 million KRW)." The company further mentioned, "Through the Solana accumulation strategy, we plan to strengthen our position in the virtual asset sector."
Lei Chan, Chairman of MemeStrategy, said, "This purchase reflects our strong confidence in Solana's long-term potential," adding, "Solana's vision aligns perfectly with ours, and we plan to expand the virtual asset and Web3 ecosystems through this."
As of 5:54 p.m., Solana is trading at $156 on the Binance USDT market, up 8.08% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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