Hong Kong-listed company MemeStrategy increased its holdings of SOL by 2,440 tokens, bringing its total holdings to 12,290 tokens.

According to a Hong Kong Stock Exchange announcement, MemeStrategy, a Hong Kong-listed company, disclosed that it has spent HK$2.4 million to purchase 2,440 SOL tokens on the open market. As of now, the company holds a total of 12,290 SOL tokens, with a purchase cost of approximately HK$14.9 million. MemeStrategy stated that it will use its dedicated Solana validator to stake its SOL holdings to generate returns through staking rewards and create a new source of income.