Insight: Metaplanet benefits from Yen's structural weakness, giving it an edge over US Crypto Treasury companies

By: theblockbeats.news|2026/01/05 08:46:04
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BlockBeats News, January 5th, Cryptocurrency analyst Adam Livingston stated that the Japanese Bitcoin Treasury (DAT) company Metaplanet has a greater advantage compared to the US Bitcoin Treasury company. Japan's debt/GDP ratio is around 250%, leading to the devaluation of the yen through annual deficit financing, resulting in structural weakness of the yen. This causes Metaplanet's yen-denominated debt to devalue, with lower financing costs, and its 4.9% coupon's effective cost continuously shrinking in Bitcoin terms. Since 2020, Bitcoin has risen by 1,159% against the US dollar, but by 1,704% against the yen.

Currently, Metaplanet still holds 35,102 BTC, making it the fourth-largest BTC reserve company, having recently acquired an additional 4,279 BTC worth $451 million.

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