9GAG Grabs Hong Kong-Listed Howkingtech, Eyes MemeStrategy Rebrand for Crypto and AI Push

Ray Chan's Ambitious Plan to Merge Memes, AI, and Crypto

Hold onto your hats, crypto fans! 9GAG, the meme powerhouse, has just snatched up Hong Kong-listed Howkingtech, and they're not stopping there. Rumor has it they're planning to slap a new name on it—MemeStrategy—and dive headfirst into the wild worlds of AI, cryptocurrencies, and the creator economy.

Ray Chan, the mastermind behind 9GAG's meme magic, is now at the helm of Howkingtech International. He's got big dreams of expanding into AI, crypto, and web3. This guy's ready to shake things up!

Get this: a regulatory filing with the Hong Kong Exchanges and Clearing Limited spills the beans that the Howkingtech buyout could cost up to HK$79,649,599 (that's around $10.2 million, folks), assuming all the share options are snapped up before the deal's done.

News of this power move sent Howkingtech's shares soaring 3.5% on the Hong Kong stock exchange. Investors are clearly hyped about what's coming next!

"Now is the optimal time to leverage the transparent operating model of public companies to improve market awareness and confidence in web3 while creating long-term value for shareholders. We aim to build the bridge between the new economy and traditional finance, supporting Hong Kong's development as an international virtual asset hub."

Ray Chan

While the regulatory filing keeps things hush-hush about the crypto specifics, word on the street is that Chan's itching to rename Howkingtech to "MemeStrategy" and dive into Bitcoin, web3 projects, and decentralized infrastructure. Talk about going all in!

An April 1 press release even shouts from the rooftops that MemeStrategy will be loading up on Bitcoin and "other high-potential virtual assets" to juice up their long-term value growth. Buckle up, because this ride's just getting started!