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Gyet Co., Ltd. Completes Strategic Bitcoin Acquisition

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Gyet Co., Ltd. Completes Strategic Bitcoin Acquisition

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Mac House Co., Ltd. ( (JP:7603) ) just unveiled an announcement.

Gyet Co., Ltd. has completed its planned purchase of Bitcoin, acquiring a total of 118.4349 BTC for 2 billion yen. This strategic acquisition is part of the company’s financial maneuvers, though its impact on the current fiscal year’s earnings forecast remains unaccounted for. The company will mark these cryptocurrency assets to market quarterly, with any significant valuation changes being disclosed in future financial statements.

The most recent analyst rating on (JP:7603) stock is a Sell with a Yen325.00 price target. To see the full list of analyst forecasts on Mac House Co., Ltd. stock, see the JP:7603 Stock Forecast page.

More about Mac House Co., Ltd.

Average Trading Volume: 2,022,831

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen6.32B

Learn more about 7603 stock on TipRanks’ Stock Analysis page.

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