MEMESTRATEGY (02440) issues a profit warning, expecting a mid-term net loss of no less than 65 million yuan.

Mistrategy (02440) announced that the group expects to record a net loss of not less than RMB 65 million for the six months ending June 30, 2026 (six months ending June 30, 2025: a net loss of RMB 34 million). This is primarily due to (i) a fair value loss on assets measured at fair value during the period (a non-cash item) of approximately RMB 12.7 million; and (ii) an increase in administrative expenses of approximately RMB 17.5 million, mainly due to the development of several new collectible-related businesses during the period.