Beat (TYO:9399) recorded a valuation loss of 1.16 billion yen on the Bitcoin ETF it held as of June 30, according to a Thursday filing with the Tokyo bourse.
The Bitcoin treasury company said the market value of the 330,930 units of its iShares Bitcoin Trust as of June 30 was 1.79 billion yen, lower than their purchase price of 2.95 billion yen.