Crypto Treasuries Fund AI Data Centers with Bitcoin and Ethereum Sales

Tokyo-listed Quantum Solutions is tapping into its cryptocurrency treasury to fund its AI data center business. The company sold 1,000 ETH for $1.9 million on July 30 at a price of $1,903 per token.

This sale is part of a larger trend in which crypto treasury firms are monetizing their digital assets to fund infrastructure projects. Quantum Solutions also raised its cumulative sale limit to 4,375 ETH from 1,875 ETH through October 30, allowing it to sell nearly 66% of its June holdings.

In another development, Hyperscale Data, a NYSE American-listed crypto treasury firm, monetized about 100 BTC and established a bitcoin-backed credit facility with an expected variable interest rate of 4.5% to 5%. This move is aimed at funding the company's Michigan AI campus.