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Beat Holdings has significantly increased its Bitcoin investment cap from $6.8 million to $34 million, aligning with a broader trend of Japanese firms embracing digital assets. The company already holds over 131,000 units of BlackRock’s iShares Bitcoin Trust, with unrealized gains exceeding $681,000.
- Beat Holdings increased its Bitcoin investment cap fivefold to $34M, reflecting institutional confidence in crypto.
- The firm holds 131,230 shares of BlackRock’s IBIT, with unrealized gains surpassing $681,000.
- Japanese firms like Metaplanet and Beat are adopting Bitcoin as a hedge against inflation and currency debasement.
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Other Tags: iShares Bitcoin Trust, Metaplanet, Metaplanet Inc., Tokyo Stock Exchange