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Japanese Listed Company Iole Plans to Sell All 151.21 BTC, Proceeds to Shift to AI Business
2026-10-31 10:47
On October 31, TechFlow reported, citing Coinpost, that Japanese company Iole, listed on the Tokyo Stock Exchange Growth Market, plans to sell all 151.21 BTC it holds.
According to the company's arrangements, the sale will take place from October 30 through the end of November, executed through crypto asset exchanges, including staged sell-offs. Proceeds will be prioritized for AI data centers, AI computing power provision, and the 'Neo Cloud' business. The sale is expected to result in a loss of approximately 254 million yen.
On the other hand, regarding the Hyperliquid token HYPE, which it began holding in July 2026, Iole stated that it will continue to hold it.
Source: TechFlow
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