Solana treasury bets gain traction as Japanese firm plans $10m buy👇
👉 A Japanese gaming company has announced a new initiative to create a Solana treasury as the race for crypto adoption rises.
Japanese gaming firm Mobcast Holdings is the latest public company to dive into Solana treasury holdings, unveiling plans to invest in SOL. The company, listed on the Tokyo Growth Market, recently announced the launch of a dedicated “Solana Treasury Business” unit aimed at integrating SOL into its financial strategy.
👉 According to Coindesk Japan, Mobcast intends to raise 1.4 billion yen (approximately $10 million) through a combination of equity and unsecured corporate bonds, allowing it to secure the funds needed for its planned SOL Solana
3.29%
Solana purchases.
This dual financing model offers flexibility, with final issuance methods subject to market conditions and regulatory approval.
The company noted that incorporating Solana into its treasury is part of a broader plan to strengthen its financial foundation, enhance shareholder value, and maintain public listing standards. With Mobcast’s entry and broader adoption trends, Solana’s role as a corporate treasury asset is becoming harder to ignore.
