-- 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.