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

Stock News
2025/12/16

MEMESTRATEGY (02440) announced that on December 16, 2025, the Group purchased an additional 2,440 units of Solana on a public cryptocurrency trading platform for a total cash consideration of approximately HKD 2.4 million. The acquisition was funded by the Group's existing cash reserves (excluding any remaining proceeds from the company's rights issue) (further investment in Solana). Following this additional investment and as of the date of this announcement, the Group has acquired a total of 12,290 units of Solana for an aggregate consideration of around HKD 14.9 million.

The consideration for the further investment in Solana was settled in cash, determined based on the prevailing buy and sell prices of Solana in the open market. The transaction was completed immediately upon the execution of the purchase order on December 16, 2025.

Ultimately, this additional investment in Solana represents a key 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.

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