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Howkingtech International Holding Limited ( (HK:2440) ) has shared an update.
MemeStrategy, Inc. has entered into a series of over-the-counter Solana put option agreements through its wholly owned subsidiary MemeStrategy Hong Kong Limited with Singapore-licensed QCP Trading Pte. Ltd., allowing QCP to sell up to 43,500 Solana tokens to the group at preset strike prices by 30 January 2026 in exchange for option premiums totaling 317 Solana. The company frames this recurring put-writing strategy as a structured way to accumulate Solana at potentially favorable prices while managing price volatility and generating premium income, with any acquired tokens to be staked on the group’s proprietary validators to deepen participation in the Solana network and support the expansion of its blockchain infrastructure business, funded from existing cash reserves.
More about Howkingtech International Holding Limited
MemeStrategy, Inc., incorporated in the Cayman Islands and listed in Hong Kong, operates a core data management solutions business and is expanding into blockchain-based offerings. The group is focusing on integrating Solana blockchain technology into its services by operating proprietary Solana validators and pursuing an “IoT-meets-Blockchain” strategy that requires the strategic accumulation of Solana tokens to support its blockchain infrastructure and related solutions.
Average Trading Volume: 445,703
Technical Sentiment Signal: Hold
Current Market Cap: HK$825.7M
For an in-depth examination of 2440 stock, go to TipRanks’ Overview page.