According to BlockBeats, Beat Holdings Ltd., listed on the Tokyo Stock Exchange, is stepping up its game in the Bitcoin space. The company’s board has greenlit an increase in its crypto ETF investment cap from $6.8M to $34M. They’ve already bagged 131,230 shares of BlackRock’s IBIT at an average of $49.49. With IBIT closing at $58.66 on May 9, they’re sitting on over $681K in unrealized profits. Institutional interest heating up again!
