Japan-listed Quantum Solutions becomes the largest Ethereum holder among companies outside the U.S.

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Son Min

Summary

  • Quantum Solutions has become the listed company holding the largest amount of Ethereum (ETH) among countries outside the U.S.
  • The company aims to build a strategic reserve of 100,000 ETH and plans to continuously expand ETH purchases.
  • It currently holds 3866 ETH and 11.6 BTC, and says it steadily purchases ETH at a rate of ¥150 million per day.

Ark Invest-backed Japan-listed Quantum Solutions has emerged as the company holding the largest amount of Ethereum (ETH) among companies outside the United States. The company has set a goal to build a strategic reserve of 100,000 ETH.

On the 23rd (local time), Cointelegraph reported that Quantum Solutions founder Francis Zhou said, "We recently purchased an additional 2365 ETH over the past seven days, becoming the largest Ethereum reserve company outside the U.S.," and "We will continue to expand ETH purchases." The company bought about $9 million worth of ETH last week and currently holds 3866 ETH.

Quantum Solutions is listed on the Tokyo Stock Exchange and is the world's 11th-largest Ethereum reserve company. It also holds 11.6 BTC (about $1.3 million).

The company said, "We are steadily purchasing ETH at a rate of ¥150 million per day (about $980,000) and plan to increase the pace going forward."

Son Min

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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