- Business
- Beat Holdings Limited Beat Holdings Limited (9399:TYO), a Cayman Islands-based global investment holding company listed on the Tokyo Stock Exchange, operates primarily through subsidiaries Xinhua Mobile (HK) Limited and GINSMS Inc.; Xinhua Mobile focuses on acquiring, investing in, and licensing undervalued intellectual property rights in areas including digital health, blockchain technology, mobile devices, and applications; GINSMS provides cloud-based application-to-person (A2P) messaging services, develops and distributes software products for mobile operators and enterprises, and customizes mobile applications for telecom and enterprise customers. The company generates majority revenue from its messaging business, with primary operations in Asia supplemented by Europe and other regions; it maintains headquarters at Infinitus Plaza, 199 Des Voeux Road Central, Hong Kong, and was founded in 1999. Beat Holdings recently adopted Bitcoin Bitcoin as its primary treasury reserve asset on February 12, 2025, positioning itself as the only Cayman Islands Bitcoin treasury company on the Tokyo Stock Exchange; it purchases Bitcoin spot or via exchange-traded funds such as BlackRock's iShares Bitcoin Trust (IBIT), employing financing strategies to maximize shareholder value, and reported valuation gains on these holdings in July 2025 alongside additional ETF purchases valued at $3.9 million in August 2025; earlier in January 2025, it acquired a 5.64% stake in Beaglee Inc. Beaglee, Inc. (3981:TYO) for approximately ¥630 million.