Memastrategy bought $ 400,000

Memestrategy broke into the cryptocurrency market when announcing the creation of a Solana -based treasury (Sol).

The firm acquired $ 2,440, equivalent approximately $ 370,000through transactions made at Exchange Osl Group, financed with own resources, says a statement. This company highlighted that its investment responds to the role of Solana as Pilar for Decentralized Applications (DAPPS), Decentralized Finance (Defi) of Institutional Level and Web3 Developments.

In its statement, Memestrategy stressed that the Solana network promotes Defi platforms, real assets tokenized (RWA) and web3 applications with artificial intelligence, in addition to memecoins with high participation of users.

Through this operation, MeMastrategy Plan to generate income participating in the participation test mechanism (POS) of Solana. In doing so, it will contribute to the safety and validation of the network, while obtaining staking rewards.

Based in the Cayman Islands, the firm, previously known as Howkingtech International Holding Limited, changed its name to Memestrategy, Inc. on May 6, thus imitating Strategy (formerly Microstrategy), the public contribution company with more Bitcoin in its treasury, led by Michael Saylor.

For now, These movements are being favorable for the price of the action (whose Ticker It is 2440). In the last 5 days of negotiation in the Hong Kong Stock Exchange, it had a price increase of 60%:

The fact of establishing a treasury in Altcoins is not isolated. For example, as Cryptonotics reported it, Sharplink Gaming, an American digital marketing company for sports betting and Igaming, announced a private investment of 425 million dollars to establish a treasury based on ETHER (ETH), the ethhereum cryptocurrency, reflecting a growing trend between companies that seek to diversify their reservations with digital assets.