Atari Group, which holds 33.3% of shares in Beat Holdings, proposed fundraising by issuing 5,400 Floating exercise price warrants with a 7.5% discount from the market price. This recently announced proposal aims to increase Bitcoin holdings, reflecting Atari's initiative driven by shares in the Cryptocurrency sector.

The direct implications of this proposal include the potential for large-scale Bitcoin purchases, with an estimated capacity to acquire up to 53,227 Bitcoin if market conditions allow. Beat Holdings has expressed its concerns regarding the proposed discount rate, stating that it may be excessive, and is now exploring various available funding options.

"Concerns that the proposed 7.5% discount for MSW (Moving Strike Warrants) is 'too high' and that alternative financing options are being evaluated," said Beat's Official Comment.