Hong Kong-listed company MemeStrategy continues to increase its SOL holdings, with a total position of over 12,000 tokens, and has launched the Solana validator staking plan.
【Crypto World】Hong Kong-listed companies are making new moves. Recently, MemeStrategy continued to increase its holdings of SOL in the open market, buying 2,440 tokens at once, spending 2.4 million HKD. The average cost is not low, with a total investment level of approximately 14.9 million HKD. As of now, this company’s total SOL tokens held have reached 12,290.
Interestingly, they don’t plan to just hold the position passively. MemeStrategy announced that they will use a dedicated Solana validator to stake these SOL tokens. In simple terms, by running a validator and participating in network consensus, they will earn staking rewards, turning it into a new revenue stream. This approach allows participation in ecosystem maintenance while generating passive income, representing a relatively stable crypto asset management strategy. It seems that institutional confidence in SOL and the Solana ecosystem is indeed increasing, with many listed companies and major institutions deepening their involvement through increased holdings and staking.
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just_vibin_onchain
· 23h ago
Hong Kong stock companies are all starting to play with validators, this pace is a bit different... However, buying 2440 SOL for HKD 2.4 million is indeed not cheap
MemeStrategy's move this time is quite clever, staking for interest and earning rewards passively, which is definitely more comfortable than just HODLing
The popularity of the SOL ecosystem is really picking up, it seems institutions are also starting to do their homework seriously
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GasFeeNightmare
· 12-17 04:30
2.4 million HKD to buy 2440 SOL? Bro, I calculated the gas costs... No, buying spot directly doesn't have the hassle of gas fees at all. I guess I have a professional habit, haha. Staking for yield is indeed more stable and much less stressful than my daily late-night arbitrage. But the staking rewards for 12,290 SOL are just like that. Plus, I have to run validators, and I'm too lazy to bother.
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MissingSats
· 12-17 04:30
Hong Kong-listed companies are now staking SOL, this move is indeed quite impressive.
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BlockchainArchaeologist
· 12-17 04:19
Hong Kong-listed companies are now staking validators, and this approach is indeed stable. However, buying 2,440 SOL for HKD 2.4 million has a pretty high cost. Are they waiting for a rebound?
Hong Kong-listed company MemeStrategy continues to increase its SOL holdings, with a total position of over 12,000 tokens, and has launched the Solana validator staking plan.
【Crypto World】Hong Kong-listed companies are making new moves. Recently, MemeStrategy continued to increase its holdings of SOL in the open market, buying 2,440 tokens at once, spending 2.4 million HKD. The average cost is not low, with a total investment level of approximately 14.9 million HKD. As of now, this company’s total SOL tokens held have reached 12,290.
Interestingly, they don’t plan to just hold the position passively. MemeStrategy announced that they will use a dedicated Solana validator to stake these SOL tokens. In simple terms, by running a validator and participating in network consensus, they will earn staking rewards, turning it into a new revenue stream. This approach allows participation in ecosystem maintenance while generating passive income, representing a relatively stable crypto asset management strategy. It seems that institutional confidence in SOL and the Solana ecosystem is indeed increasing, with many listed companies and major institutions deepening their involvement through increased holdings and staking.