Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
Quantum Solutions Adds 2K ETH to Become 11th-Largest Ether Treasury Company

Quantum Solutions Adds 2K ETH to Become 11th-Largest Ether Treasury Company

CryptoNewsNet2025/10/23 10:39
By: coindesk.com
BTC+0.59%ETH+1.58%

Quantum Solutions (2338), an AI-focused company that is building an ether ETH$3,892.88 treasury, said its Hong Kong subsidiary, GPT Pals Studio, bought 2,000.13 ether ETH$3,892.88 for $7.85 million on Oct 21.

The Tokyo-based company said it now holds 3,865.8 ETH valued at about $15.1 million, with an average cost of $4,101 per ETH. The purchase makes it the world’s 11th-largest ETH digital asset treasury (DAT) and the second-largest outside the U.S., according to CoinGecko data. The largest non-U.S. DAT company, Shanghai-based Intchains, has more than double that number.

The purchase was funded through external borrowings and proceeds from recent stock acquisition rights and convertible bonds issued on Oct. 14.

The company plans to continue accumulating digital assets, mainly ether, to enhance long-term value.

Quantum Solutions stock is up 17% year-to-date.

Read more: A Japanese AI Firm Plans to Buy 3,000 Bitcoin Over Next 12 Months

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Bitcoin Updates: Gold's Downturn Sparks Shift to Altcoins While Bitcoin Remains Stuck in Crucial Range
2
Polymarket's token giveaway connects the world of cryptocurrency with conventional finance

Crypto prices

More
Bitcoin
Bitcoin
BTC
$110,607.11
+0.00%
Ethereum
Ethereum
ETH
$3,912.22
+0.98%
Tether USDt
Tether USDt
USDT
$1
-0.02%
BNB
BNB
BNB
$1,108.76
-1.10%
XRP
XRP
XRP
$2.49
+3.51%
Solana
Solana
SOL
$191.77
+0.09%
USDC
USDC
USDC
$1
-0.03%
Dogecoin
Dogecoin
DOGE
$0.1959
+0.02%
TRON
TRON
TRX
$0.3040
-3.66%
Cardano
Cardano
ADA
$0.6503
+0.56%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter