- Everything Blockchain Inc. (OTC: EBZT) to spin off MemeStrategy Inc., distributing shares as stock dividends.
- Shareholders to receive 1 MemeStrategy share for every 6 EBZT shares owned, pending regulatory approvals.
- MemeStrategy to focus on memecoins PEPE, BONK, and SPX6900, aiming to be the most "memeable" stock.
Everything Blockchain Inc. (OTC: EBZT) has unveiled plans to spin off a new public company, MemeStrategy Inc., which will be dedicated to memecoins and digital assets that have the potential to go viral. EBZT shareholders will benefit from this strategic move by receiving one share of MemeStrategy for every six shares of EBZT they hold, subject to regulatory approval.
MemeStrategy plans to focus its initial treasury on popular meme tokens such as PEPE, BONK, and SPX6900, with the aim of positioning itself as the most "memeable" stock in the market. This innovative approach could potentially see MemeStrategy included in major financial indices as it grows in popularity and market presence.
This spin-off aligns with Everything Blockchain's broader goal of leading the public crypto yield vehicle sector, where it will continue to capitalize on assets such as SOL, TAO, and XRP. In doing so, it will generate cash flow through validator operations while also exposing shareholders to the growing momentum of viral digital culture.
The timeline for the distribution of MemeStrategy shares will follow the approval of its Form S-1 registration by the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) clearance for public trading. Once approved, MemeStrategy will operate independently with its own leadership team and strategic roadmap.
