The post MemeStrategy Buys 2,440 SOL to Stake via Solana Validator, Aiming to Generate New Revenue Stream appeared on BitcoinEthereumNews.com. MemeStrategy, a HongThe post MemeStrategy Buys 2,440 SOL to Stake via Solana Validator, Aiming to Generate New Revenue Stream appeared on BitcoinEthereumNews.com. MemeStrategy, a Hong

MemeStrategy Buys 2,440 SOL to Stake via Solana Validator, Aiming to Generate New Revenue Stream

MemeStrategy, a Hong Kong-listed company, disclosed in a market filing that it spent HK$2.4 million to purchase 2,440 SOL tokens on the open market. This raises its total SOL holdings to 12,290, with a purchase cost of around HK$14.9 million. The disclosure signals continued Solana exposure among issuers in the region and highlights the company’s active management of its cryptocurrency position.

The company also stated it will deploy a dedicated Solana validator to stake the held SOL, aiming to generate staking rewards and create a new revenue stream through its crypto portfolio. The plan aligns with prudent governance and risk controls while leveraging the Solana ecosystem’s consensus mechanism.

Source: https://en.coinotag.com/breakingnews/memestrategy-buys-2440-sol-to-stake-via-solana-validator-aiming-to-generate-new-revenue-stream

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