Mobcast HD Acquires SOL Worth 150 Million Yen

On October 31, Mobcast Holdings Inc., a company engaged in gaming and entertainment businesses, announced that it had acquired over 150 million yen in the cryptocurrency Solana (SOL). Starting from October 24, Mobcast HD began purchasing SOL, and by October 31, the company had accumulated approximately 5,177 SOL, with a total acquisition cost of about 153 million yen and an average acquisition price of 29,549 yen per SOL. The funds for these acquisitions were raised through the exercise of stock acquisition rights issued on October 3, which allow the purchase of shares at a predetermined price.