
Listed on the Tokyo Stock Exchange under ticker 2334, Iore reports a BTC sale loss of approximately JPY 254 million and increases investment in AI data centers. ■ Full Sale of BTC Holdings On the 30th, Iore, listed on the Tokyo Stock Exchange Growth Market, resolved at its board of directors meeting to sell all 151.21 bitcoins (BTC) held, with proceeds to be prioritized for early investment in AI data center (AI DC) initiatives. According to timely disclosure, the expected sale proceeds amount to JPY 1.831 billion, calculated based on market value as of October 30, which is below the book value of JPY 2.085 billion as of September 30, resulting in an anticipated loss of approximately JPY 254 million. Iore cited the rapid escalation of cyber threats and the growing importance of addressing risks across the entire digital supply chain as reasons for the sale. In light of this changing environment, the company reassessed the risks and value creation potential of asset holding versus business investment and revised its capital allocation strategy accordingly. Accordingly, Iore plans to complete market sales through cryptocurrency exchanges between October 30 and November 30 (including partial sales), with proceeds to be prioritized for investment in AI data centers, AI computing power services, and its NeoCloud business by early December. Terrible timing 😳 #BTC #Bitcoin #Cryptocurrency #CryptoAssets #Crypto #Bitcoin
