Mobcast Holdings, a publicly listed Japanese company, has announced that its SOL cryptocurrency holdings have reached a total value of 400 million yen (approximately $2.56 million USD). The company began acquiring SOL on October 24, 2025, and currently holds 16,811 SOL tokens at an average purchase price of 23,793 yen per token. Initially planning to invest 500 million yen in SOL, Mobcast intends to continue increasing its holdings based on market conditions.
In addition to its holdings, Mobcast has earned over 200 SOL in staking rewards over the past three months. The company has also obtained a license under the Solana Foundation Developer Program and is operating a validator node, contributing to the Solana network and generating additional income. Despite these activities, Mobcast stated that the impact on its overall performance is limited and will not affect its consolidated financial forecasts.
Mobcast Holdings' SOL Holdings Reach $2.56 Million
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
