Japanese AI company Quantum Solutions announces purchase of 3,000 Bitcoins

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Photo - AI Image
Photo - AI Image

Quantum Solutions, an artificial intelligence company listed on the Japanese stock market, has announced a large-scale asset strategy to purchase 3,000 bitcoins within the next year. Based on the current market price, this amounts to approximately 486.5 billion won (350 million dollars), which is an exceptional level even among Japanese listed companies.

The investment will be executed by GPT Pulse Studio, a Hong Kong subsidiary of Quantum Solutions. The initial funds of 13.9 million dollars (approximately 19.3 billion won) will be provided by international investment firm Integrate Asset Management, with plans to gradually expand purchases in the future.

The company stated that the purpose of this strategy is to secure long-term reserve assets rather than short-term profits. It will be flexibly implemented, comprehensively considering market conditions, capital raising possibilities, and regulatory environments.

However, the market reaction after the investment announcement was somewhat negative. According to Google Finance, Quantum Solutions' stock price closed at 504 yen (approximately 4,787 won), a 9.19% drop from the previous day, with a current market capitalization of around 221 billion won (2.325 billion yen).

This decision aligns with the global trend of companies incorporating bitcoin into their assets. Recently, companies have been increasingly including bitcoin as a strategic asset to respond to inflation and diversify their portfolios.

Quantum Solutions' move is one of the first cases of an AI technology-based company integrating blockchain assets into its financial strategy, and it is expected to influence the trends of similar companies in the future.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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