IORE to Sell All 151.21 Bitcoin to Fund AI Data Center Expansion
Key Highlights: Tokyo-listed IORE Inc. has decided to liquidate its entire 151.21 Bitcoin reserve to reallocate roughly ¥1.831 billion into its AI data center and compute operations. The company projects a roughly ¥254 million loss against the asset’s September book value, citing mounting digital supply chain cyber risks and capital prioritization. IORE’s move mirrors recent ...