Crypto
Quantum Solutions Dumps 1,000 ETH Amid AI Data Center Push
Quantum Solutions has made its second sale of Ethereum (ETH), this time disposing of 1,000 units for approximately $1.903 million on July 30. The company earmarked the proceeds for its AI data center operations.
The sale represents a significant drop in Quantum's ETH holdings, which now stand at 4,764.80 ETH - down about 29% from their peak level.
In response to this sale, the company has increased its cumulative Ethereum sale limit to 4,375 ETH, allowing for an additional potential sale of up to 2,471 ETH - equivalent to roughly 52% of its remaining position.