enish Dumps All 8 BTC for Solana Treasury, Taps SOL Planet as CLARITY Act Advances

Solana News

Tokyo-listed mobile game developer enish has sold its entire 8.063 BTC holding to pivot toward a Solana-centered treasury, the company confirmed in an investor-relations disclosure on June 9. The sale generated roughly ¥79.27 million against a March 2026 book value of about ¥85.49 million, producing a ¥6.22 million disposal loss. Proceeds will fund what the firm calls its "Active Treasury" business, built around accumulating and operating SOL rather than passively holding it. As one of the more notable corporate rotations from Bitcoin into a single altcoin, the move signals growing confidence among listed companies in Solana's yield-bearing potential.

The disposal closes a position enish first opened in April 2025, when it acquired the 8.063 BTC at a cost of roughly ¥104 million as part of a broader financial strategy. Following the sale, the company holds no Bitcoin. The ¥6.22 million loss will be recorded as a non-operating expense in the second quarter of its December 2026 fiscal year. Management framed the divestment as a way to secure investment capital, noting that the board simultaneously resolved to keep evaluating acquisitions of digital assets, including stablecoins, depending on market conditions and the firm's evolving treasury objectives.

enish has positioned the rotation within a framework it labels the shift from "DAT 1.0" to "DAT 2.0." The former describes conventional digital-asset treasuries that depend largely on unrealized gains from rising prices, while the latter envisions a cycle in which on-chain operations generate recurring revenue that feeds business growth. Staking sits at the center of that thesis. The company plans an initial deployment of around ¥720 million, phased in gradually, drawing on both the Bitcoin sale proceeds and a separate capital raise disclosed on April 27, 2026 that involved stock acquisition rights and privately placed corporate bonds.

To operationalize the strategy, enish has opened discussions with SOL Planet, a Japan-based firm specializing in Solana infrastructure and corporate treasury support. The talks center on SOL Planet's "Solplanet White Label Validation Program," which lets companies build and run Solana validators under their own brand with full technical support across a blockchain stack. Coverage spans node setup and monitoring, staking and delegation design under Solana's proof-of-stake consensus mechanism, on-chain operational visibility, and DeFi connectivity. SOL Planet's team has operated Solana validators for more than four years and ranks among the largest Japan-linked delegators.

On the regulatory front, Solana Institute CEO Kristin Smith pressed the US Senate to pass the CLARITY market-structure bill while preserving its developer protections. In a thread on X dated June 9, Smith argued that open-source developers, validators, and non-custodial wallet providers do not control user funds and should not be regulated as brokers or custodians. She said more than 60 crypto CEOs and founders, including Solana co-founder Anatoly Yakovenko and Solana Foundation's Lily Liu, signed an open letter backing those safeguards. Smith called the bill's chances of clearing the Senate "real," warning that weak protections could push builders offshore.

Smith also urged lawmakers to advance the Blockchain Regulatory Certainty Act, introduced in January by Senators Cynthia Lummis and Ron Wyden, which would shield non-controlling software developers from being classified as money transmitters merely for publishing code. The CLARITY Act cleared the Senate Banking Committee in May and has been placed on the legislative calendar, setting up a possible floor vote later this summer. Her stance echoes SEC Commissioner Hester Peirce, who recently argued that publishing open-source blockchain code is speech protected under the First Amendment and that developers should not be treated as intermediaries simply because others use their software.

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