Quantum Solutions Sells Another 1,000 Ethereum for ¥311 Million
Quantum Solutions, a Tokyo Stock Exchange Standard Market-listed company, has made its second Ethereum (ETH) disposal. The sale of 1,000 ETH through its consolidated subsidiary, GPT Pals Studio Limited, was worth approximately ¥311 million ($1.9 million). This move marks the company's continued effort to secure funds for its AI Data Center (AIDC) business.
The cumulative sales have now reached 1,904 ETH, resulting in a reduction of Quantum Solutions' holdings from a peak of 6,668.80 ETH to 4,764.80 ETH. The company has raised its cumulative sale cap from 1,875 ETH to 4,375 ETH, allowing for up to 2,471 ETH in additional future sales.
However, Quantum Solutions stated it does not plan to sell immediately, opting to assess market conditions and business progress before making any further decisions. The sale price fell below the book value as of May, resulting in an expected loss of approximately ¥17 million ($106,000).