3 stories mentioning TYO:9399Updated 32d ago
Every FINWIRES story that references TYO:9399, newest first.
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.
Beat Holdings (TYO:9399) said its consolidated unit GINSMS will discontinue its application-to-person messaging service business by June 30, according to a Thursday filing on the Tokyo Stock Exchange.The Cayman Islands-based global investment company said that the company boards on Wednesday agreed to discontinue the business to improve profitability and focus on the software services business, improving long-term business performance.The GINSMS will redeploy the affected employees into the existing open positions within the software service business.
Beat Holdings (TYO:9399) said its holdings in the iShares Bitcoin Trust ETF were valued at about $14.3 million as of April 30, compared with a total purchase cost of about $18.1 million, according to a Thursday filing on the Tokyo Stock Exchange.The company held 330,930 units of the Bitcoin ETF, resulting in an unrealized valuation loss of about $3.8 million, or 609.6 million yen, based on Nasdaq's April 30 closing price of $43.32 per unit.
