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Beat Holdings Quadruples Bitcoin ETF Bet to $34M, Buys More IBIT Coin Edition 23 hours ago

Beat Holdings Quadruples Bitcoin ETF Bet to $34M, Buys More IBIT 💹

Tokyo-listed Beat Holdings has made a bold move in the crypto space by increasing its investment in Bitcoin ETFs from $6.8 million to an impressive $34 million. This decision, made public on May 12, highlights the growing trend among publicly listed companies to enhance their crypto investments.

The strategic move comes after a board decision to focus more on crypto-related investments, indicating growing confidence in the future of digital assets. Beat Holdings' additional purchase of BlackRock's IBIT is part of this broader strategy to capitalize on Bitcoin's potential.

Source: coinedition.com ↗

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