Planned sale of cryptoassets (BTC), expected recognition of a loss on sale, and change in the use of funds
eole Inc. (filing company)
151.21 BTC in Bitcoin. The uses of funds cover investments related to the AI DC business, the purchase of digital assets, and strategic equity contributions and investments
The company will reassess the risks and potential for value creation associated with holding assets and investing in businesses, in light of the expanding cyber threats, and review its capital allocation. This is because the funds required to provide AI computing capacity and invest in the development of the neo-cloud business are expected to increase.
An estimated loss on the sale of cryptoassets of approximately ¥254 million is expected to be recognized as cost of sales
Third quarter of the fiscal year ending March 2027
If there are changes after taking other impacts into account, they will be disclosed in the second-quarter financial results summary for the fiscal year ending March 2027, scheduled for release on 16 November 2026
The Bitcoin will be sold on the market between 30 October 2026 and the end of November 2026, and the sale proceeds will be allocated to investments related to the AI DC business. The allocation to investments related to the AI DC business is scheduled for early December 2026. The policy is to continue holding the HYPE cryptoassets, whose acquisition began in July 2026.
If the impact of this sale changes, the change will be disclosed in the second-quarter financial results summary for the fiscal year ending March 2027, scheduled for release on 16 November 2026
| Item | Details |
|---|---|
| Event name | Planned sale of cryptoassets (BTC), expected recognition of a loss on sale, and change in the use of funds |
| Date of occurrence | 30 October 2026 (board resolution date; sale is scheduled to begin on the same day) |
| Subject Entity | eole Inc. (filing company) |
| Target Locations / Products | 151.21 BTC in Bitcoin. The uses of funds cover investments related to the AI DC business, the purchase of digital assets, and strategic equity contributions and investments |
| Cause | The company will reassess the risks and potential for value creation associated with holding assets and investing in businesses, in light of the expanding cyber threats, and review its capital allocation. This is because the funds required to provide AI computing capacity and invest in the development of the neo-cloud business are expected to increase. |
| Amount of Impact on Business Performance | An estimated loss on the sale of cryptoassets of approximately ¥254 million is expected to be recognized as cost of sales |
| Accounting period in which recognized | Third quarter of the fiscal year ending March 2027 |
| Impact on Earnings Forecast | If there are changes after taking other impacts into account, they will be disclosed in the second-quarter financial results summary for the fiscal year ending March 2027, scheduled for release on 16 November 2026 |
| Outlook | The Bitcoin will be sold on the market between 30 October 2026 and the end of November 2026, and the sale proceeds will be allocated to investments related to the AI DC business. The allocation to investments related to the AI DC business is scheduled for early December 2026. The policy is to continue holding the HYPE cryptoassets, whose acquisition began in July 2026. |
| Planned follow-up disclosure | If the impact of this sale changes, the change will be disclosed in the second-quarter financial results summary for the fiscal year ending March 2027, scheduled for release on 16 November 2026 |
Items this document does not state (15)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company will reassess the risks and potential for value creation associated with holding assets and investing in businesses, in light of the expanding cyber threats, and review its capital allocation. Another reason is that the funds required to provide AI computing capacity and develop the neo-cloud business are expected to increase.