Hong Kong’s MemeStrategy Buys 2,440 SOL for HKD 2.9 Million, Shares Jump 20%

Hong Kong-listed MemeStrategy has purchased 2,440 Solana tokens for roughly HKD 2.9 million (about US$370,000), becoming the first company on the Hong Kong Stock Exchange to make a direct investment in the Solana ecosystem.

The move broadens traditional capital-market participation in digital assets, which in Hong Kong has so far centred largely on Bitcoin and Ether. Investors welcomed the announcement, sending MemeStrategy’s shares up about 20% in early trading.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.