Possibly affected by the repurchase, ZKJ rose above 0.75 USDT, with a 4H increase of nearly 62%
6 hours ago
Odaily News OKX market data shows that, possibly affected by the repurchase, ZKJ rose above 0.75 USDT, with a 4-hour increase of nearly 62%, and is currently quoted at 0.58 USDT.
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2025-06-17 04:53:14
MemeStrategy’s stock price rose by about 29% after it became the first listed company in Hong Kong to hold a stake in Solana
Odaily News MemeStrategy, a Hong Kong-listed technology investment company, announced that it has included Solana in its balance sheet and will participate in its staking ecosystem in the long term to support network security and obtain returns. According to the announcement, MemeStrategy has purchased 2,440 SOLs through OSL Group, a licensed crypto asset platform, for approximately HK$2.9 million (approximately US$368,800), with an average transaction price of approximately US$151.7. Stimulated by this news, MemeStrategy (2440.HK) shares closed up 28.5% at HK$2.57 on the Hong Kong Stock Exchange on Monday, and further rose to HK$2.70 in early trading on Tuesday, with a latest market value of HK$653 million (approximately US$83.1 million). MemeStrategy said that the investment is highly consistent with its long-term strategy in areas such as AI, blockchain, and verification technology, and will increase Solana's ecological expansion and deeply participate in Web3 infrastructure construction. The board believes that Solana has strong potential in real-world asset tokenization and AI-driven solutions. In addition, Bloomberg cited the views of Cantor Fitzgerald analysts, pointing out that Solana's high-speed, low-cost network is very suitable for tokenized securities. Combined with the pledge mechanism, Solana Finance Company is expected to achieve faster growth in assets per share than BTC Finance Company. According to Bloomberg data, since April 16, Solana Finance Company Upexi and DeFi Development Corp have risen by 306% and 207% respectively, far exceeding the 19% increase of SOL in the same period; Sol Strategies has also risen by 33%. (Cointelegraph)
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MemeStrategy’s stock price rose by about 29% after it became the first listed company in Hong Kong to hold a stake in Solana