Quantum Solutions, a developer of artificial intelligence solutions and listed on the standard market on the Tokyo Stock Exchange, today announced that it aims to purchase up to 3,000 Bitcoin within the next 12 months. The move marks the company’s official entry into the cryptocurrency investment business.
Quantum Solutions listed on Japanese stock exchanges will enter the crypto sector with 500 billion yen in Bitcoin investment
Quantum Solutions said the investment decision was driven by factors such as increased global acceptance of Bitcoin as a digital gold, growth in the cryptocurrency market, and increased interest among institutional investors in an era of economic uncertainty.
Furthermore, the depreciation of the Japanese yen and the increased global fiscal risk have affected the company to take this step to protect against foreign exchange risk and inflation.
The company also cited other pioneering Japanese companies that incorporated Bitcoin into their balance sheets. For example, Metaplanet is currently the country’s largest institutional Bitcoin investor with 16,352 BTC. RemixPoint’s 1,051 BTC Holdings and Anap Holdings and Mac House’s 1,000 BTC targets are also worth noting.
Quantum Solutions’ 3,000 BTC Target exceeds most existing investors. Once achieved, the company will become the second largest Bitcoin Holding among Japanese publicly traded companies.
This step is considered a new indicator of increasing institutional interest in Bitcoin from Japanese companies.
*This is not investment advice.
