Jun 16, 2025
MemeStrategy (2440.HK) Strategically Acquires 2,440 Solana Units, Becoming the First Hong Kong-Listed Company to Invest in the Solana Ecosystem
HKSAR, China, June 16, 2025 — MemeStrategy, Inc. (Stock Code: 2440.HK), Asia's first publicly listed digital asset company, announced today that it has acquired 2,440 units of Solana (SOL) in the open market, establishing it as the first Hong Kong-listed company to invest in the Solana ecosystem. The transaction, valued at approximately HKD2.9 million, was executed at an average price of approximately HKD1,191 through OSL Group (863.HK).
Three key benefits: (1) Tapping into a rapidly growing ecosystem; (2) Generating returns through blockchain validation via proof-of-stake staking rewards; (3) Enhancing asset allocation and diversification.
Ray Chan, Chairman and CEO of MemeStrategy, said: "Our strategic acquisition of 2,440 Solana units reflects our strong confidence in the long-term potential of this cryptocurrency. This investment aligns closely with our focus on AI, blockchain, validation technologies, and next-generation tech development."
Ryan Miller, Head of Sales at OSLDS, said OSL is proud to facilitate MemeStrategy as the first Hong Kong-listed company to invest in the Solana ecosystem, marking OSL's expansion beyond Bitcoin and Ethereum.
Numerous publicly traded companies worldwide (DeFi Development Corporation, Upexi Inc., Sol Strategies, Classover) have incorporated Solana into treasury reserves.