MemeStrategy Buys 2,440 SOL to Stake via Solana Validator, Aiming to Generate New Revenue Stream

MemeStrategy, a Hong Kong-listed company, disclosed in a market filing that it spent HK$2.4 million to purchase 2,440 SOL tokens on the open market. This raises its total SOL holdings to 12,290, with a purchase cost of around HK$14.9 million. The disclosure signals continued Solana exposure among issuers in the region and highlights the company’s active management of its cryptocurrency position.

The company also stated it will deploy a dedicated Solana validator to stake the held SOL, aiming to generate staking rewards and create a new revenue stream through its crypto portfolio. The plan aligns with prudent governance and risk controls while leveraging the Solana ecosystem’s consensus mechanism.