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Gyet Co., Ltd. Updates on Bitcoin Acquisition Progress

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Gyet Co., Ltd. Updates on Bitcoin Acquisition Progress

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Mac House Co., Ltd. ( (JP:7603) ) has shared an update.

Gyet Co., Ltd. has announced the progress of its Bitcoin acquisition strategy, with a total purchase of 106.6536 BTC at an average acquisition price of 16,877,067 yen, totaling 1.8 billion yen. The company plans to mark these assets to market quarterly, with any valuation gains or losses impacting the income statement, though these are not currently included in the fiscal year’s earnings forecast.

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: 2,046,172

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen6.42B

For a thorough assessment of 7603 stock, go to TipRanks’ Stock Analysis page.

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