Japanese listed company Beat Holdings announces increased investment in Bitcoin spot ETFs According to Decrypt, listed company Beat Holdings Ltd. announced on Thursday that it will increase its investment in Bitcoin related ETFs, becoming the latest Tokyo listed company to deepen its investment in digital assets amid renewed interest in cryptocurrency among institutions. The company is listed on the Tokyo Stock Exchange Standard Market and disclosed on Thursday that its board of directors has approved an increase in the upper limit of cryptocurrency related investments from $6.8 million to $34 million. The company has purchased 131230 shares of BlackRock's iShares Bitcoin Trust (IBIT) at an average price of $49.49 per share. The company stated in a statement that, given IBIT's closing price of $58.66 on May 9th, Beat held unrealized gains exceeding $681000.