Beat Holdings Doubles Bitcoin ETF Investment, Seeking $34 Million in New Capital

Japanese financial company Beat Holdings is significantly increasing its investment exposure to Bitcoin and cryptocurrency ETFs. The company has raised its investment ceiling for these assets from ¥1 billion to ¥5 billion, a fivefold increase, to support greater buying activities. To facilitate this expansion, it secured $2.8 million from a revolving credit facility. Beat Holdings has already purchased approximately ¥1 billion (around $6.8 million) in iShares Bitcoin Trust shares. 💰 📈