Mars Financial News: MemeStrategy, a Hong Kong-listed technology investment company, announced that it has added Solana to its balance sheet and will participate in its staking ecosystem for a long time to support cybersecurity and earn income. According to the announcement, MemeStrategy has purchased 2,440 SOLs at a price of about HK$2.9 million (about US$368,800) through OSL Group, a licensed crypto asset platform, with an average transaction price of about US$151.7. Spurred on by the news, MemeStrategy (2440.HK) shares closed up 28.5% at HK$2.57 on the Hong Kong Stock Exchange on Monday, and rose further to HK$2.70 in early trading on Tuesday, with the latest market capitalization of HK$653 million (about US$83.1 million). MemeStrategy said that the investment is highly consistent with its long-term strategy in AI, blockchain, verification technology and other fields, and will increase the expansion of the Solana ecosystem and deeply participate in the construction of Web3 infrastructure. The Board believes that Solana has strong potential for real-world asset tokenization and AI-driven solutions. In addition, according to Bloomberg, citing analysts at Cantor Fitzgerald, Solana's high-speed, low-cost network is ideal for tokenized securities, and combined with the staking mechanism, Solana Financials is expected to achieve asset-per-share growth faster than BTC Financials. According to Bloomberg data, Solana finance companies Upexi and DeFi Development Corp have risen 306% and 207%, respectively, since April 16, far outpacing SOL's 19% gain over the same period; Sol Strategies is also up 33%. （Cointelegraph ）
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After MemeStrategy became the first listed company in Hong Kong to hold Solana, its stock price rose by approximately 29%.
Mars Financial News: MemeStrategy, a Hong Kong-listed technology investment company, announced that it has added Solana to its balance sheet and will participate in its staking ecosystem for a long time to support cybersecurity and earn income. According to the announcement, MemeStrategy has purchased 2,440 SOLs at a price of about HK$2.9 million (about US$368,800) through OSL Group, a licensed crypto asset platform, with an average transaction price of about US$151.7. Spurred on by the news, MemeStrategy (2440.HK) shares closed up 28.5% at HK$2.57 on the Hong Kong Stock Exchange on Monday, and rose further to HK$2.70 in early trading on Tuesday, with the latest market capitalization of HK$653 million (about US$83.1 million). MemeStrategy said that the investment is highly consistent with its long-term strategy in AI, blockchain, verification technology and other fields, and will increase the expansion of the Solana ecosystem and deeply participate in the construction of Web3 infrastructure. The Board believes that Solana has strong potential for real-world asset tokenization and AI-driven solutions. In addition, according to Bloomberg, citing analysts at Cantor Fitzgerald, Solana's high-speed, low-cost network is ideal for tokenized securities, and combined with the staking mechanism, Solana Financials is expected to achieve asset-per-share growth faster than BTC Financials. According to Bloomberg data, Solana finance companies Upexi and DeFi Development Corp have risen 306% and 207%, respectively, since April 16, far outpacing SOL's 19% gain over the same period; Sol Strategies is also up 33%. （Cointelegraph ）