D-Wave Acquires Quantum Circuits for $550 Million, Strengthening QBTS Position
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Acquisition Strategy: D-Wave's acquisition of Quantum Circuits for $550 million, comprising $250 million in cash and $300 million in QBTS stock, marks the company's first acquisition, aimed at expanding its quantum computing capabilities and enhancing market competitiveness.
- Technology Integration: The dual-rail qubit technology from Quantum Circuits will be integrated with D-Wave's annealing systems, enhancing its capabilities in both optimization and universal computing, thereby providing clients with more comprehensive solutions.
- Financial Performance: Despite D-Wave reporting $3.7 million in revenue for Q3 2025, a 100% increase year-over-year, it still faced an adjusted net loss of $18.1 million, indicating ongoing financial challenges in the early stages of quantum computing.
- Market Outlook: QBTS stock has surged over 400% in the past year, currently priced at $29.28, with future price targets averaging $39.64, reflecting optimistic market expectations for its long-term growth potential.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






