9GAG app launch screen with logo on the display of a black mobile smartphone on ceramic stone background. Source: wavemovies - stock.adobe.com

Key Takeaways:

MemeStrategy became the first public company in Hong Kong to invest in Solana, acquiring 2,440 SOL tokens for around $368,820 USD.
The firm plans to stake its SOL tokens, aligning with strategic interests in AI, blockchain, and real-world asset tokenization.
Shares jumped 28.5% following the announcement, pushing its market cap to approximately $83.1 million USD.

MemeStrategy, a Hong Kong-based tech investment firm led by the creators of 9GAG, saw its shares surge 28.5% after announcing a major investment in Solana.

The company purchased 2,440 SOL tokens for around 2.9 million HKD (approximately $368,820 USD) via OSL Group, a licensed digital asset platform.

MemeStrategy (https://t.co/PCOSdvWXAy) has acquired 2,440 SOL for ~HK$2.9 million (~$372,000) at ~$152 per SOL.

The Company has made history as the first publicly listed company in Asia, specifically on the Hong Kong Stock Exchange, to invest directly in the @Solana ecosystem. pic.twitter.com/scodYbYrmX
— MemeStrategy (2440.HK) (@MemeStrategy) June 17, 2025

This move makes MemeStrategy the first publicly listed firm in Hong Kong to invest in Solana.

The firm plans to stake the tokens as part of Solana’s proof-of-stake mechanism, aiming to support network security and earn rewards.

MemeStrategy views this investment as part of its long-term strategy focused on blockchain, AI, and validation technologies.

It sees strong potential in Solana’s ability to support real-world asset tokenization and Web3 applications powered by artificial intelligence.

Following the announcement, MemeStrategy’s stock (ticker 2440.HK) rose from $2.57 to $2.70, raising its market cap to about 652.55 million HKD ($83.1 million USD).

The investment highlights MemeStrategy’s ongoing expansion into digital assets and the Web3 space, leveraging its deep experience in social media and decentralized tech through its 9GAG platform, which boasts over 200 million users.