MemeStrategy, Inc. (Stock Code: 2440) disclosed details of its short-term put option agreements for accumulating Solana. According to the information provided, the transaction adopted the Black-Scholes model to determine option premiums, incorporating factors such as Solana’s spot price, time to expiration, risk-free interest rate, and implied volatility.
The final strike prices ranged from US$124 to US$140, representing a tiered approach to manage the company’s risk tolerance and business needs. Each put option agreement specified a number of Solana units that MemeStrategy would purchase if exercised, reflecting amounts the company was prepared to acquire under prevailing market conditions.
On 2 February 2026, the put options were exercised, resulting in the purchase of 43,500 Solana units for approximately HK$44.9 million. Overall, MemeStrategy has acquired a total of 58,230 units for about HK$62.2 million for integration into its proprietary validators, supporting its plan to enhance data management solutions through blockchain technology.