Quantum Solutions Sells 1,000 ETH for AI Data Centers
Japan's largest Ethereum treasury company, Quantum Solutions, has sold another 1,000 ETH worth approximately $1.9 million in a move to build AI data centers.
The sale was completed on July 30 through the company's Hong Kong subsidiary, GPT Pals Studio, at an average price of about $1,903 per ETH.
Quantum expects to record a loss of roughly $100,000 from the transaction.
The proceeds will fund the purchase of Nvidia B300 and GB300 GPU systems, which are expected to power a new AI data center in Japan.