Def Consulting boosts Ethereum holdings, sees shift in major shareholder structure

Def Consulting announced on October 7, 2025, a substantial increase in its Ethereum (ETH) holdings, acquiring an additional ETH 2,826.016306 for JPY 2,000,000,000. This brings its total to ETH 3,618.095514 with a total acquisition cost of JPY 2,500,000,000. This follows an initial acquisition of ETH 792.079208 for JPY 500,000,000 on September 22, 2025. The company stated this strategic move aims to maximize the future value of its digital assets.

Concurrently, Def Consulting reported a change in its major shareholders as of September 29, 2025. Evo Fund, a Cayman Islands-based limited liability company, saw its voting rights decrease from 96,772 shares (15.97%) to 60,538 shares (9.99%) in the company. Despite this reduction, Evo Fund maintains its position as the second-largest shareholder.

Def Consulting's “Digital Asset Treasury Strategy” aims to establish it as a global player in this domain. The company plans to provide timely and transparent disclosures on future ETH acquisitions and other developments.