Tokyo-based Quantum Solutions, through its Hong Kong unit, boosts ether holdings to rank 11th globally and second among non-U.S. treasury holders.
Quantum Solutions, an AI-focused firm, announced that its Hong Kong subsidiary GPT Pals Studio acquired 2,000.13 ETH for $7.85 million on October 21. This brings the company's total Ethereum holdings to 3,865.8 ETH, valued at around $15.1 million with an average cost of $4,101 per ETH. The purchase, funded through borrowings and proceeds from stock acquisition rights and convertible bonds issued on October 14, positions Quantum Solutions as the 11th-largest ETH digital asset treasury worldwide and the second-largest outside the United States. The company’s stock has gained 17% year-to-date and it plans to continue accumulating ether to enhance long-term value.