Quantum Solutions has sold a portion of its encryption reserves to fund an AI data center.
July 31st, Tokyo-listed Quantum Solutions sold 1000 ETH for $1.9 million and increased its disposal cap by more than double to raise funds for the development of an AI data center business.
Meanwhile, another cryptocurrency financial company, Hyperscale Data, sold about 100 BTC and opened a credit line collateralized by Bitcoin to support its AI data center project in Michigan.