Japanese listed firm WIZE (TSE: 3664) has surpassed ¥1 billion in cumulative Solana (SOL) acquisitions, making it the 10th-largest corporate SOL holder worldwide, according to CoinGecko's Solana Treasury Holdings ranking. The company now holds 66,458 SOL including staking rewards, with an average acquisition price of ¥15,053 per SOL.
Accumulation Strategy and Recent Purchases
WIZE has been steadily accumulating SOL since October 24, 2025. In its latest round, conducted on July 8, 13, and 14, 2026, the company purchased 7,978 SOL worth approximately ¥100 million. All three purchases were executed at prices below ¥13,000 per SOL, reflecting the company's view that SOL was undervalued despite persistent yen weakness. The cumulative average acquisition cost stands at ¥15,053 per SOL.
Per-Share SOL Holdings Expand 3.3x
Beyond total holdings, WIZE emphasizes "SOL per share" as a key management metric. Although the number of outstanding shares increased from 84.64 million in February 2026 to 101.56 million in July 2026 due to warrant exercises, the company added SOL at a faster pace. As a result, SOL per share rose from approximately 1.99 SOL to about 6.54 SOL over five months — a 3.3-fold increase.
SBI Partnership Bolsters Solana Ecosystem
The accumulation comes amid a strategic partnership announced on July 13 between SBI Holdings and the Solana Foundation to develop on-chain financial markets in Japan. Plans include issuing yen-denominated stablecoins, tokenizing corporate bonds and real estate, and offering institutional financial services on Solana. WIZE, which began acquiring SOL through SBI VC Trade in June 2026, views the SBI-Solana alliance as validation of Solana's potential as a next-generation financial infrastructure. The company noted that a leading Japanese financial group selecting Solana signals growing recognition of the blockchain's ability to handle real-world financial transactions.