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Enish Completes 8.063 BTC Sale, Shifts 720M Yen to SOL Staking at $64.39

Enish has finalized the sale of its entire 8.063 BTC holdings for 79.27 million yen, booking a loss of 6.22–24.7 million yen depending on cost basis. The Tokyo-listed game developer is redirecting roughly 720 million yen, including 640 million yen from an EVO FUND issuance, into phased Solana purchases for staking and validator operations under its new Active Treasury strategy. SOL traded near $64.39, down 2.34 percent with an oversold RSI of 26.25 and support at $60.13. Separately, Solana Institute CEO Kristin Smith urged retention of developer protections in the CLARITY Act. The move highlights corporate rotation from Bitcoin appreciation plays toward yield-generating SOL activities.

Category

Bitcoin

Sentiment

Mixed

Event

Corporate action

Reading time

1 min