$HYPE Investment Boosts Japanese AI Company's Crypto Strategy
eole, a Japanese AI data center company listed on the Tokyo stock exchange, has announced its investment in $HYPE, the native token of the Hyperliquid ecosystem. According to eole's statement, the initial acquisition was for approximately $67,000 (10 million yen). The company plans to increase its total investment to around $670,000 (100 million yen) by the end of August.
eole emphasized that this investment is not solely for portfolio diversification purposes. In fact, it considers $HYPE as part of its long-term corporate strategy, which includes developing a next-generation financial infrastructure called 'Neo Crypto Bank.'
The company added $HYPE to its strategic reserve assets, following Bitcoin. eole believes that blockchain-based assets will play a significant role in the future of the financial system and plans to increase its investments in digital assets accordingly.