Hong Kong-listed company MemeStrategy increased its holdings by 2440 SOL, bringing the total position to 12290 coins
BlockBeats News, December 17th, according to an announcement from the Hong Kong Stock Exchange, the Hong Kong-listed company MemeStrategy disclosed that it has spent 2.4 million Hong Kong dollars to purchase 2440 SOL in the open market. As of now, the company holds a total of 12,290 SOL tokens, with a purchase cost of approximately 14.9 million Hong Kong dollars. MemeStrategy stated that it will use a dedicated Solana validator to stake the held SOL, generating rewards through staking to earn income and create a new revenue stream.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IoTeX achieves full MiCA compliance across all 27 EU member states
The Bhutanese Government has pledged to use 10,000 bitcoins to build the "City of Mindfulness."
Bhutan pledges to invest 10,000 bitcoin to develop a "Mindfulness City"
