MemeStrategy raised approximately HK$84 million through a share issuance and currently holds about 12,000 SOL.

Techub News reports that Hong Kong-listed SOL treasury company MemeStrateg announced the completion of the issuance of a total of 49,049,824 shares to subscribers. This transaction raised a total of HKD 84.07 million (approximately USD 10.82 million), with net proceeds amounting to HKD 83.72 million. The related funds will be used to explore blockchain solutions and real-world asset-related businesses. The company disclosed this week that it has increased its holdings by 2,440 SOL, bringing its total holdings of SOL tokens to 12,290 so far.