Quantum Solutions purchased 7.85 million dollars worth of Ethereum to expand its treasury.

Based in Japan, Quantum Solutions has decided to expand its digital asset portfolio by purchasing over 2,000 Ethereum (ETH) for $7.85 million. This strategic move reflects a growing confidence in the future of digital assets and has attracted significant interest among investors. This Tokyo-based technology company is particularly known for its AI-focused projects.

The company announced the acquisition of 2,000.13 ETH through its subsidiary, GPT Pals Studio, in Hong Kong on October 21. The total value of this purchase is set at $7.85 million, bringing Quantum Solutions’ total Ethereum holdings to 3,865.8 ETH. This situation provides the company with a significant advantage.

According to CoinGecko data, Quantum Solutions holds the largest 11th Ethereum treasury (DAT) globally. Additionally, it is the second-largest institutional Ethereum treasury outside the U.S. On the list, Intchains based in Shanghai has holdings that are more than double that amount.

This acquisition was financed through external borrowing and income from convertible bonds issued on October 14 regarding stock buy rights. Quantum Solutions has stated that it will continue to maintain its digital asset accumulation in the long term and will keep positioning Ethereum as a core digital asset. This approach appears to play a significant role in the future of crypto assets.