TOKYO, May 15 (Pulse News Wire) – WIZE Inc. (3664.T) reported a lower net profit of ¥205 million for the quarter ended March 31, 2026, compared to a loss of ¥101 million in the same period last year.
Despite reducing fixed costs and achieving operating profit, the company recorded a cryptocurrency impairment charge of ¥77.1 million, leading to lower earnings. In its strategic shift towards Solana treasury holdings, WIZE completed Phase One with the acquisition of approximately 5 billion yen worth of assets.
The company plans to leverage up to ¥338 million authorized shares to expand its Solana treasury operations, aiming to enter the top ten globally. Adjusted EBITDA stood at negative ¥77.1 million, while cash flow from operations was negative ¥41 million.
However, the company expects annual revenue from staking rewards and validator operations to strengthen its financial position moving forward.
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