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Beat Holdings Raises Bitcoin Investment Limit to $34 Million
According to reports from Wu, Japanese listed company Beat Holdings has increased its investment limit in Bitcoin-related assets from $6.8 million to $34 million. The company has purchased 131,230 shares of BlackRock's iShares Bitcoin Trust (IBIT), with an average purchase price of $49.49 per unit. As of May 9, the unrealized gains from the holding have exceeded $681,000. To support further investments, Beat Holdings has drawn $2.8 million from its revolving credit facility, expecting to generate approximately $150,000 in interest this year.
#新闻交易 $BTC
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According to reports from Wu, Japanese listed company Beat Holdings has increased its investment limit in Bitcoin-related assets from $6.8 million to $34 million. The company has purchased 131,230 shares of BlackRock's iShares Bitcoin Trust (IBIT), with an average purchase price of $49.49 per unit. As of May 9, the unrealized gains from the holding have exceeded $681,000. To support further investments, Beat Holdings has drawn $2.8 million from its revolving credit facility, expecting to generate approximately $150,000 in interest this year.
#新闻交易 $BTC
{spot}(BTCUSDT)
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