PANews reported on December 20 that, according to an announcement from the Hong Kong Stock Exchange, MemeStrateg, a Hong Kong-listed SOL treasury company, announced the completion of the issuance of a total of 49,049,824 shares to subscribers. The transaction raised HK$84.07 million (approximately US$10.82 million), with net proceeds of HK$83.72 million. The funds will be used to explore blockchain solutions and real-world asset-related businesses. The company also disclosed this week that it has increased its holdings by 2,440 SOL tokens, bringing its total holdings to 12,290 SOL tokens.


