Tokyo Firm Liquidates Part of Ethereum Treasury to Fund AI Data Centers
Quantum Solutions more than doubled its authorized Ethereum (ETH) sale cap to 4,375 ETH on July 30, as subsidiary GPT Pals Studio sold another 1,000 ETH at $1,903 per token.
The sale generated $1.9 million in proceeds and is expected to result in an accounting loss of approximately JPY 17 million ($100,970). The proceeds will fund the group's AI Infrastructure Data Center (AIDC) business.
Why Quantum Solutions Is Selling Its ETH Holdings
The Tokyo Stock Exchange-listed firm first approved sales of up to 1,875 ETH on June 4. It cited funding needs for data center usage agreements, GPU equipment, and business launch preparations.
GPT Pals Studio sold 904 ETH on June 16, leaving just 971 ETH available under the original policy. The board therefore added 2,500 ETH to the cap through a written resolution on July 30.
The group has now sold 1,904 ETH since June, cutting its holdings to 4,764.80 ETH. However, 3,050 of those tokens have remained pledged to a Singapore-based lender as collateral since April. That leaves only 1,714.80 ETH in GPT's trading account.
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