WIZE buys 7,519 Solana for about JPY 100 million on July 7

The purchase lifted cumulative Solana buying to about JPY 900 million and total holdings, including staking rewards, to about 58,480 SOL, which the company said is the largest among listed Japanese firms.

SOL

Summary

WIZE said on July 7 it acquired about JPY 100 million worth of Solana, buying 7,519 SOL at JPY 13,275 per token. The latest purchase brought its cumulative Solana acquisitions to about JPY 900 million. Total holdings, including staking rewards (crypto earned by locking tokens to support network operations), rose to about 58,480 SOL. WIZE said that amount is the largest Solana holding among listed Japanese firms.

Terms & Concepts
  • Solana: A blockchain network whose native token is SOL.
  • staking rewards: Crypto earned by locking tokens to help run a network.