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October 23, 2025Coinpaper logoCoinpaper

BitMine Has Some Competitor As Ark-Backed Firm Accumulates More Ethereum (ETH)

Ethereum continues to attract institutional buyers, and Japan’s Quantum Solutions is now leading the ￰0￱ company, backed by ARK Invest, has become the largest Ethereum treasury holder among publicly listed firms in Japan after buying 2,365 ETH in just one ￰1￱ purchase, worth roughly $9 million, brings Quantum Solutions’ total holdings to about 3,866 ETH, valued at $14.8 ￰2￱ as the Core of Quantum’s Strategy Ethereum is at the centre of Quantum Solutions’ digital asset ￰3￱ to its latest statement, the company intends to keep accumulating Ethereum to diversify its holdings and reinforce its balance sheet. “Ethereum is the primary focus of our digital asset strategy,” Quantum Solutions said in its official announcement.

“We will continue to build our reserves as we expand in the blockchain and digital asset sectors.” The company’s rising confidence in ETH shows a trend among Asian corporations that have been integrating crypto into their financial ￰4￱ listed firms in Japan are showing greater interest in blockchain-based assets, even as markets in Hong Kong, India, and Australia tighten regulations on digital asset ￰5￱ Invest Strengthens Its Bet on Ethereum ARK Invest, led by Cathie Wood was one of the firms that supported Quantum Solutions’ recent $180 million fundraising round in ￰6￱ funding aims to help the company build a 100,000 ETH treasury and advance its presence in the digital asset ￰7￱ Solutions is backed by Cathie Wood and Ark Invest |) market around the world has cooled slightly after months of ￰8￱ prices of some large crypto-holding firms have slipped, and are leading to questions about whether the DAT boom is slowing ￰9￱ Lee, who chairs BitMine, recently questioned if the “DAT bubble” had popped.

However, he has also been buying aggressively after recent market ￰10￱ means that he has continued faith in the long-term value of this ￰11￱ Solutions seems to share that ￰12￱ leadership has said that Ethereum is an important part of its business plan, despite short-term price.

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