[Cryptocurrency World: Bitcoin's 18th Birthday, Yet a Listed Company Is Selling at a Loss?] 18 years ago today (October 31, 2008), Satoshi Nakamoto released his 9-page white paper. 18 years later, a Tokyo-based listed company announced: even at a loss of 254 million yen, it will sell all its Bitcoin holdings to buy GPUs. Fact List 1️⃣ Iole, a TOPIX growth-listed company, resolved to sell all 151.21 BTC in batches through exchanges between October 30th and the end of November. 2️⃣ Expected proceeds are approximately ¥1.831 billion, lower than the book value of approximately ¥2.085 billion, resulting in an expected loss of approximately ¥254 million (approximately $1.6 million). 3️⃣ All funds will be reinvested in AI data centers, computing power, and Neo Cloud businesses, with the AI investment budget increased from ¥2 billion to ¥2.6 billion. 4️⃣ One reason cited is the rising threat of cybersecurity; however, it maintained its HYPE position. 5️⃣ In the same week, Nasdaq NXTT also authorized the sale or pledging of all 5833 BTC. 6️⃣ Bitcoin itself: Current price approximately $77,500, market capitalization approximately $1.55 trillion, 2025... The price peaked at over 126,000 units annually, with over 20 million units issued. Key Takeaways ① Selling at a loss indicates not profit-taking, but a shift in narrative. The "Bitcoin vault" story of listed companies is no longer compelling; the AI computing power story is more likely to support the stock price. ② Selling BTC and keeping HYPE is ironic: abandoning "digital gold" to retain the perpetual DEX token. This shows the company values cash flow and growth, not faith. ③ The Binance $6.3 billion theft, quantum risks, and AI capital drain are forcing a number of smaller vault companies to reassess their financials. ④ However, the scale is important: 151 and 5833 units are small amounts compared to Bitcoin's daily trading volume, with limited impact on price drops but a greater emotional effect. What does this mean? The narrative of "listed companies hoarding coins" is beginning to diverge: large investors (like Strategy) continue to add, while smaller companies are withdrawing amidst the AI hype. The next thing to watch is whether more small and medium-sized companies will follow suit and sell. ✅ Conclusion 18 years ago, the white paper stated "no need to trust third parties." 18 years later, capital is voting between BTC and GPUs. Do you think Iole made a smart transition, or sold at the bottom? Let's discuss in the comments section Source: https://((x.com))/BitcoinNewsCom/status/2116492333147725893 https://((x.com))/i/trending/2116385675847315890 Bitcoin BTC AI Cryptocurrency