QMMM Holdings issued an official announcement confirming plans to establish a $100 million digital asset treasury focused on Bitcoin, Ethereum, and Solana. The Nasdaq-listed firm’s stock price spiked 2,300% intraday before closing 1,736% higher at $207, but later fell 61% in extended trading. CEO Bun Kwai described the initiative as part of a 'crypto-autonomous ecosystem' combining AI and blockchain for advanced data analysis. QMMM also intends to connect data providers and consumers via a decentralized marketplace while leveraging AI-powered analytics. The company’s move aligns with a broader wave of Asian firms, such as Sora Ventures and Metaplanet, pursuing significant Bitcoin treasury strategies.