MemeStrategy disclosed it has spent 2.4 million HKD to purchase 2,440 SOL, bringing its total holdings to 12,290 SOL

TechFlow, December 17 — According to a Hong Kong Stock Exchange announcement, Hong Kong-listed company MemeStrategy disclosed that it has spent HK$2.4 million to further purchase 2,440 SOL tokens in the public market. The funds used for the purchase came from the company's existing cash reserves. So far, the total amount of SOL tokens held by the company has reached 12,290, with a total purchase cost of approximately HK$14.9 million. Additionally, MemeStrategy stated that it will use a dedicated Solana validator to stake its held SOL tokens, aiming to generate returns through staking rewards and establish a new revenue stream.