Japanese publicly traded company Quantum Solutions disclosed that it has sold another 1,000 Ethereum for approximately $1.9 million. The funds will be used to purchase Nvidia GPUs to advance the company's plans to build an AI data center in Japan.
The transaction was completed on July 30 through its Hong Kong subsidiary, GPT Pals Studio, at an average price of approximately US$1,903 per coin. The company expects to recognize a loss of approximately US$100,000 from this sale, but will continue to proceed with its arrangements to convert Ethereum reserves into AI computing power assets.
Funds shift to Nvidia GPUs
According to the disclosure, the proceeds from the sale will be used to purchase Nvidia B300 and GB300 GPU systems as core hardware for the new AI data center. This project is related to a memorandum of understanding signed with Integrated Capital on June 1, 2026, with the goal of jointly building AI infrastructure capable of supporting large language models and other high-computing applications.
This means that Quantum's focus has shifted from holding crypto assets to directly investing in AI computing resources. This shift is particularly noticeable for a publicly traded company once known for its Ethereum reserves.
1904 ETH have been sold in two months.
Quantum was once considered one of the largest listed companies in Japan in terms of Ethereum holdings. After purchasing more than 2,000 ETH in October 2025, the company continued to increase its holdings, reaching 6,668.8 ETH by early June 2026.
However, the company's strategy has clearly shifted over the past two months. Since mid-June, Quantum has sold a total of 1,904 ETH, representing approximately 29% of its previous holdings. Since most of these tokens were purchased in late 2025 when Ethereum was priced above $4,000, the recent selling price is significantly lower than their historical purchase cost.
- Another 1,000 ETH will be sold on July 30th.
- A total of 1,904 ETH have been sold.
- In early June, my holdings reached 6,668.8 ETH.
The remaining positions are still partially restricted.
Currently, approximately 3,050 ETH remain in Singapore as loan collateral, and another 1,714.8 ETH are held in a trading account at GPT Pals Studio. If the company continues to sell, it may need to unpledge some of the collateral or adjust the relevant financing structure.
From an asset allocation perspective, Quantum is shifting its focus from Ethereum as a long-term reserve asset to a source of funding for its AI expansion. The company is betting that future revenue from AI data centers may exceed the returns from continuing to hold ETH.
However, this approach also carries real risks. On the one hand, GPU hardware depreciates over time; on the other hand, if the crypto market recovers and the price of Ethereum rebounds, the opportunity cost for the company to reduce its holdings in advance will also increase.
Additional information:The original text stated that the sale was executed by Quantum's Hong Kong subsidiary, GPT Pals Studio. If further reductions are made, the operational space may be affected by the collateralized positions, given the current available holdings.
