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An announcement from Beat Holdings ( (JP:9399) ) is now available.
Beat Holdings Limited has continued to expand its exposure to Bitcoin by further purchasing units of the iShares Bitcoin Trust (IBIT), bringing its cumulative holdings to 313,230 units at an average acquisition cost of USD 55.402 per unit, compared with IBIT’s closing market price of USD 47.49 as of January 31, 2025. The company also issued minor corrections to previously disclosed IBIT purchase prices to align them with final transaction statements and indicated that IBIT holdings will be marked to market each quarter, with any material impact on earnings to be disclosed in a timely manner, underscoring the growing influence of Bitcoin price volatility on its financial performance and risk profile for investors.
More about Beat Holdings
Beat Holdings Limited is a Tokyo-listed company on the TSE Standard Market that has been actively building exposure to digital assets through exchange-traded products, positioning itself as a listed corporate investor in Bitcoin via U.S.-listed Bitcoin ETFs such as iShares Bitcoin Trust (IBIT).
Average Trading Volume: 377,212
Current Market Cap: Yen10.01B
Learn more about 9399 stock on TipRanks’ Stock Analysis page.