Tokyo's Beat Holdings has announced an increase in its Bitcoin investment cap from $6.8 million to $34 million, following a surge in institutional interest in cryptocurrencies. The company currently holds over 131,000 units in BlackRock's iShares Bitcoin Trust, with reported gains exceeding $681,000. This move comes as part of a broader strategy by Beat Holdings to deepen its exposure to Bitcoin and is mirrored by Metaplanet, which is aggressively accumulating Bitcoin as a core treasury asset. Both firms are responding to macroeconomic changes and are leveraging Bitcoin's appeal as a hedge against inflation and currency debasement. Bitcoin traded around $104,000 recently, reflecting significant market interest. Beat's strategy not only illustrates the increasing adoption of cryptocurrencies by established firms but also underscores a growing trend in the Japanese market mirroring strategies adopted by U.S. firms such as MicroStrategy.

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