Quantum Solutions Tops Non-US Ethereum Treasury with 3,865 ETH
Tokyo-listed Quantum Solutions has boosted its Ethereum treasury by acquiring 2,365 ETH in seven days, raising total holdings to 3,865.84 ETH (approx. $14.8 m). This makes it the largest non-US Ethereum treasury globally and top in Japan among Ethereum Decentralized Autonomous Trusts (DATs). The ETH purchases were funded by a ¥26 bn ($180 m) September round led by ARK Invest, Susquehanna International Group and Integrated Asset Management. Despite the ETH accumulation, Quantum shares slid over 28% in five days to 565 yen on Oct 23, reflecting broader profit-taking in crypto treasury stocks. The company also holds 1.6 BTC ($1.3 m) in its Bitcoin treasury. Founder Francis Zhou confirms continuation of the Ethereum treasury strategy, aiming for further ETH additions. Traders should watch for potential volatility in Ethereum treasury stocks and broader crypto market trends.
Bullish
Large institutional ETH accumulation by Quantum Solutions signals strong demand and confidence in Ethereum. Short-term, this can support price floors and improve market sentiment. Long-term, continued treasury buying by a Tokyo-listed firm backed by ARK Invest and others underlines growing corporate interest in crypto treasury strategies. While profit-taking in related stocks may spur volatility, the direct impact of a 3,865 ETH treasury boost is likely bullish for ETH.