The Japanese listed company Iole plans to sell all 151.21 BTC, and the funds will be redirected to its AI business

The Iole company listed on the Growth market of the Tokyo Stock Exchange in Japan plans to sell all 151.21 bitcoins through a cryptocurrency exchange from October 30 to the end of November. The funds raised will be primarily used for AI data centers, AI computing power, and the "Neo Cloud" business. This sale is expected to result in a loss of approximately 254 million yen, and the company will continue to hold HYPE.