Bitcoin ETF Expansion by Beat Holdings

Beat Holdings Expands Bitcoin Investment Cap to $34 Million

• Beat Holdings increased its Bitcoin investment cap from $6.8 million to $34 million.
• The company holds over 131,000 units of BlackRock’s iShares Bitcoin Trust, with gains exceeding $681,000.
• Beat Holdings is a publicly-listed firm on the Tokyo Stock Exchange’s Standard Market.
• The firm drew $2.8 million from a revolving credit facility for further purchases, incurring an estimated $150,000 in interest through year-end.
• Metaplanet Inc., another Tokyo-listed firm, holds more than 5,500 BTC worth over $571 million.

Beat Holdings has raised its Bitcoin investment cap significantly to $34 million and holds substantial units of BlackRock’s iShares Bitcoin Trust with notable gains. This move aligns with other Japanese firms like Metaplanet Inc., which also have significant exposure to digital assets.