Quantum Solutions Sells 1,000 ETH Units for $19 Million
Quantum Solutions, a Japanese company listed on the Tokyo Stock Exchange's Standard Market, has sold 1,000 units of Ethereum (ETH) for $19.03 million (approximately ¥3.58 billion). This sale brings their total ETH holdings to 4,764.8 units.
This move positions Quantum Solutions in second place among Japanese companies holding ETH, behind Def Consulting, a consulting firm listed on the Tokyo Stock Exchange's Growth Market, which holds 4,976 ETH units.
The sale was made by GPT Pals Studio, a subsidiary of Quantum Solutions based in Hong Kong. This is not the first time Quantum Solutions has sold some of its ETH holdings; in June, they sold 904 ETH for $16.07 million (approximately ¥2.58 billion).
As a result of this sale, Quantum Solutions will recognize an impairment loss of approximately ¥17 million in their FY2027 Q2 financials.