A Japanese AI Firm Plans to Buy 3,000 Bitcoin Over Next 12 Months
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Japanese AI firm Quantum Solutions is set to start investing in bitcoin (BTC) through its Hong Kong-based subsidiary, GPT Pals Studio, the company said in a press release . The decision, approved at a board meeting on July 23, includes plans to initially purchase up to $10 million in BTC using borrowed funds. The firm aims to build a treasury of up to 3,000 BTC, currently worth around $354 million, over the next 12 months. The company cited the depreciation of fiat currencies like the yen and ri...
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