tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Beat Holdings Signs BTC Bonds Agreement to Boost Cryptocurrency Investments

Story Highlights
Beat Holdings Signs BTC Bonds Agreement to Boost Cryptocurrency Investments

Claim 50% Off TipRanks Premium

Beat Holdings ( (JP:9399) ) just unveiled an announcement.

Beat Holdings Limited has announced the signing of a multi-series BTC bonds subscription agreement with Mr. Lian, allowing the issuance of bonds up to JPY5 billion. This move is aimed at raising funds to continue the company’s investments in Bitcoin, offering a lower interest rate compared to existing credit facilities, and providing flexibility in bond issuance and redemption to adapt to market conditions.

More about Beat Holdings

Beat Holdings Limited operates in the financial sector, focusing on investments in cryptocurrencies, including Bitcoin and related ETFs. The company is listed on the Tokyo Stock Exchange and is actively engaged in raising funds to support its cryptocurrency investment activities.

Average Trading Volume: 217,954

Current Market Cap: Yen25.7B

See more insights into 9399 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1