Japanese game company Enish is liquidating Bitcoin at a loss and shifting its funding strategy to staking in the Solana ecosystem

By: rootdata|2026/06/11 20:45:01
0
Share
copy

According to Cryptopolitan, Japanese gaming company Enish has liquidated all of its 8.063 bitcoins at a loss of approximately $160,000 and is shifting to a Solana ecosystem staking strategy, targeting an annual yield of 6% to 8%. The company stated that the DAT 1 strategy, which relies on the rise in cryptocurrency asset prices, has become increasingly difficult to sustain amid market volatility, while the DAT 2 strategy, which generates continuous income through staking and validator operations, has become the new direction.

Enish plans to use the approximately $46,000 raised from the sale of bitcoins and the issuance of warrants and bonds for Solana validator operations and has contacted Japanese Solana infrastructure provider Solplanet to utilize its white-label validator program. This is the second publicly listed company to abandon hoarding bitcoin reserves within ten days.

You may also like

Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play

The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.

Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip

Abandoning TSMC and teaming up with Samsung. Anthropic launches a self-developed 2nm chip program, challenging Nvidia and starting a battle to break through computing power costs.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

When American giants collectively "defect" from Chinese AI models

Coinbase CEO publicly stated: the company has fully switched its AI to a Chinese model, cutting expenses in half while usage has doubled. Snowflake and Lindy are also doing the same thing—an unnoticed "AI model migration wave" is happening.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com