Quantum Solutions, Hyperscale Data tap crypto treasuries to fund AI data centers
Quantum Solutions and Hyperscale Data are liquidating portions of their cryptocurrency treasuries to fund the development of AI-focused data centers and infrastructure. Quantum has significantly reduced its Ethereum holdings to finance hardware and operational costs, while Hyperscale Data has leveraged its Bitcoin holdings to secure credit for expansion.
Why it matters
This trend highlights a growing shift where publicly traded crypto-holding firms are pivoting their capital reserves toward the high-demand AI infrastructure sector to drive long-term growth.
The move came as another crypto treasury firm, Hyperscale Data (GPUS), monetized about 100 BTC and opened a bitcoin-backed credit line for a Michigan AI data center..
Quantum sold the ETH on July 30 at $1,903 per token, generating $1.903 million after fees, according to a company filing . It expects to recognize a $100,970 loss against the position’s May 31 carrying value of $2,003.97 per ETH, the filing adds.
The sale price was 47% below the $3,595.02 average acquisition cost Quantum reported in June.
The firm sold 904 ETH for $1.61 million on June 16 at an average price of $1,777 per token. The two disposals raised about $3.51 million and reduced its holdings by 29% to 4,764.8 ETH from 6,668.8 ETH.
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