Hong Kong -based crypto currency company MestrateGY announced the solea reserve plan to the public as the first company traded on the stock exchange. The company purchased 2,440 Solana (left) and invested in a total of 2.9 million Hong Kong dollar (approximately 370 thousand US dollars). This step has led to a significant increase in the company’s stock price.
The company’s investment plan came to the forefront
MEESTRATEGY’s reserve plan is considered as one of the pioneers of its species among similar companies. The company’s solana purchase decision, diversification of crypto currencies and innovative financial strategies may be based on the purpose of implementing it. With this investment, it was observed that the company shares gained more than 28 %value on the Hong Kong Stock Exchange.
MEESTRATEGY, Solana’s recent crypto money market, taking into account the popularity of the reserves went to the way to add this asset. Experts, such moves, the traditional financial market, crypto assets are increasingly accepted, he says.
In the official announcement made by the company, the opinion that the sole ownership will contribute to the variety of portfolio and increase the interest in crypto currencies:
MEESTRATEGY officials: “Our Solana reserve plan reflects the company’s strategic approach to crypto currencies.”
Fast rise in stock prices
With the purchase of Mestrategy’s fading, a significant increase in the stock values of the stock market has occurred. The MilestrateGy shares traded on the Hong Kong Exchange increased significantly in a short time.
Following the company’s Solana move, the positive atmosphere in the markets has the idea that crypto currency investments may have an impact on company values. Analysts point out that traditional finance and crypto money market approach each other.
In finance circles, solana and similar crypto currencies are found to be found in corporate portfolios and can start a new trend in the sector. With this step, MEESTRATEGY contributes to financial innovation.
In terms of other companies, it is expected that such investments become widespread and crypto currencies are expected to be included in the company reserves. Markets predict that similar explanations can come from other technology and financial companies in the future.
While the Business Purchase of MestrateGY attracted attention in the Hong Kong financial market, an important example of the evaluation of crypto currencies at the institutional level. Following this development, it is closely monitored how the company’s market value can be sustained and how crypto currency reserves will be an example for other institutions.
MestrateGY’s solened investment indicates that the boundaries between traditional and digital finance are increasingly faint. The company’s move shows that crypto currencies can be found as a value element in corporate portfolios. While this development can introduce crypto currencies to wider audiences, it offers new opportunities for companies to develop portfolio diversity and innovative strategies. The use of crypto currencies in the financial sector may come up more in the future.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
