Beat Holdings ( (JP:9399) ) has issued an announcement.
Beat Holdings Limited has announced an additional purchase of the iShares Bitcoin Trust (IBIT), a Bitcoin ETF, reflecting their ongoing strategy to invest in cryptocurrency-related assets. This move is part of a broader plan to continuously acquire IBIT, with the company monitoring the market value of these investments quarterly, indicating a strategic focus on leveraging cryptocurrency market trends to potentially enhance their financial performance.
More about Beat Holdings
Beat Holdings is a global investment company incorporated in the Cayman Islands, with headquarters in Hong Kong and subsidiaries in Japan, Singapore, Malaysia, Indonesia, China, and Canada. The company, listed on the Tokyo Stock Exchange, operates through subsidiaries like Xinhua Mobile Limited, which acquires and licenses intellectual property rights, and GINSMS Inc., which provides mobile messaging services and software products.
Average Trading Volume: 25,938
Current Market Cap: Yen17.46B
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