Japan’s Mobcast Holdings has joined a growing list of firms embracing digital asset treasury 0 Tokyo Growth Market-listed company announced plans to integrate a Solana (SOL)-based treasury strategy to strengthen its financial position and sustain its listing amid evolving stock exchange 1 move mirrors earlier initiatives by Metaplanet in Japan and several 2 adopting Bitcoin as part of their balance sheet 3 Treasury Plan and Fundraising Goals According to Coindesk Japan data, Mobcast said its Solana Treasury Business will support long-term growth while enhancing shareholder 4 company aims to raise approximately 1.4 billion yen through the issuance of new stock acquisition rights and corporate 5 will be allocated to reinforce its treasury and business 6 primary recipients of the shares are EVO FUND and Mobcast CEO Takaki 7 in 2004, Mobcast’s strategy marks a major shift toward blockchain 8 firm plans to align its new Solana initiative with its Social Entertainment and Media segment, creating a “virtuous cycle” between technology adoption and corporate expansion.
Consequently, Mobcast joins the emerging class of Digital Asset Treasury Companies (DATCOs) firms leveraging crypto holdings to boost liquidity, market visibility, and shareholder 9 Price Outlook Remains Bullish Meanwhile, Solana (SOL) has maintained a steady uptrend despite minor intraday 10 token traded around $228 , marking a 1.14% daily drop but a 13.71% weekly gain, with a market cap of $124.8 11 analysts suggest that a sustained rally could emerge if the token closes the week above the key $260 12 to analyst Ali Martinez, a decisive breakout beyond this level may trigger an extended move toward $520, aligning with Fibonacci extension 13 noted that maintaining support above $200 will be essential to preserve the bullish 14 trend reflects growing institutional interest in Solana’s network strength and scalability upgrades.
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