Struggling Japanese AI Firm Turns to Bitcoin via Hong Kong Subsidiary
Tokyo-listed AI firm Quantum Solutions is pivoting to Bitcoin through its Hong Kong subsidiary, GPT Pals Studio, aiming to acquire up to 3,000 BTC over the next year. The firm is adopting this strategy to manage surplus funds, diversify its assets, and mitigate foreign exchange risks. However, Quantum Solutions is experiencing financial difficulties, posting a net loss of ¥160 million ($1 million) in Q1 FY2026 and reporting significant doubts about its ability to continue operations. The company's current cash reserves stand at ¥146 million ($940,000). The decision aligns with a broader trend where financially distressed firms are turning to cryptocurrencies as potential lifelines. Analysts suggest that while such moves can reshape corporate perceptions, they may not significantly address underlying financial issues. Other companies, like the Australian biotech firm Opyl, have similarly adopted Bitcoin treasury strategies to buoy their financial positions amidst struggles. Quantum’s proposed Bitcoin asset management will be conducted on the Hashkey Exchange platform, emphasizing the novelty of adopting cryptocurrency as a reserve asset in their portfolios.
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