Japanese listed company Beat Holdings has increased its Bitcoin-related investment limit from 6.8 million dollars to 34 million dollars. The company has purchased 131,230 shares of BlackRock's iShares Bitcoin Trust (IBIT) at an average purchase price of 49.49 dollars per unit. As of May 9, the unrealized gains from the holdings have exceeded 681,000 dollars. To support further investments, Beat Holdings has withdrawn 2.8 million dollars from its revolving credit facility, expected to generate about 150,000 dollars in interest over the year. (Decrypt)