MEMESTRATEGY (02440) Further Acquires 2,440 Units of Solana

Stock News
Dec 23

MEMESTRATEGY (02440) announced that on December 23, 2025, the Group purchased an additional 2,440 units of Solana on a public cryptocurrency trading platform, with a total cash consideration of approximately HKD 2.4 million. The acquisition was funded through the Group's general mandate to subscribe for new shares (further investment in Solana). Following this additional investment and as of the announcement date, the Group has acquired a cumulative total of 14,730 units of Solana for an aggregate consideration of around HKD 17.3 million.

The consideration for the further investment in Solana was settled in cash, determined based on the prevailing bid and ask prices of Solana in the open market. The transaction was completed immediately upon the execution of the purchase order on December 23, 2025.

Ultimately, this additional investment in Solana represents a critical component of the Group's strategy to expand its existing data management solutions into blockchain technology. The Board believes that this move aligns with the Group's plans to venture into blockchain solutions, serving as both a strategic deployment and a logical extension of its core data management business.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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