Crypto

Asia’s First Public Crypto Company, MemeStrategy, Achieves Landmark SOL Victory

Insights into MemeStrategy’s Strategic Acquisition of Solana Tokens

Our editorial team, comprising industry veterans and expert editors, is committed to providing meticulously researched, accurate content. Let’s explore the latest venture by the Hong Kong-listed MemeStrategy, a company making headlines with its recent acquisition of Solana tokens.

The Strategic Purchase of Solana by MemeStrategy

Recently, MemeStrategy, a prominent firm listed on the Hong Kong Stock Exchange, made significant news by purchasing 2,440 units of Solana (SOL). This company, backed by the creative minds behind 9GAG, invested approximately HKD 2.9 million (equivalent to $370,000) on June 16, 2025. According to an announcement made on the following Monday, each SOL token was acquired at an average price of HKD 1,191 through the OSL Group.

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Embracing Web3 Infrastructure

Reports indicate that MemeStrategy is not merely interested in a short-term investment. The firm aims to leverage Solana’s expanding ecosystem of developers and institutional participants. By securing a stake in SOL, MemeStrategy seeks to establish a foothold in what it describes as “essential Web3 infrastructure.”

According to the team, this strategy aligns with their core focus areas: artificial intelligence, blockchain, and culture. Engaging directly with these technologies could unveil innovative pathways to integrate applications with traditional financial systems.

Staking Solana for Consistent Returns

MemeStrategy plans to operate its own validator nodes within Solana’s proof-of-stake framework, aiming for steady financial returns. By keeping their SOL holdings locked within the network, the company can generate additional SOL over time. This move not only contributes to safeguarding the blockchain but also aligns with MemeStrategy’s objective of establishing reliable income streams alongside their existing asset holdings.

The market capitalization of SOL stands at $77.4 billion, showcasing its potential as a lucrative investment opportunity.

Impact on Share Price

Investors responded positively to MemeStrategy’s Solana acquisition, resulting in a 28% surge in shares, climbing to HKD 2.57 on the Monday following the announcement. While some traders view this as a sign of the company’s commitment to actively engage with cryptocurrency, others caution about the potential volatility of SOL prices, which could impact both the token’s value and MemeStrategy’s stock. Nonetheless, the 28% increase reflects market enthusiasm for major companies endorsing smart contract platforms.

Joining the Ranks of Solana Investors

MemeStrategy is not alone in its decision to invest in Solana. Other notable entities, such as DeFi Development Corporation, Upexi Inc., Sol Strategies, and Classover, have also added SOL to their portfolios. Notably, MemeStrategy stands out as the first Hong Kong-listed company to make such a move. In regions where regulatory frameworks are still evolving, this decision by MemeStrategy could potentially inspire other public companies to consider similar investments in proof-of-stake tokens.

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Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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