ChainCatcher reports that, according to Cointelegraph, Bitcoin analyst Adam Livingston pointed out that Bitcoin treasury company Metaplanet may gain a financial advantage due to structural weakness in the Japanese yen. Japan’s debt-to-GDP ratio is approximately 250%, leading to a persistent weakening of the yen. Since 2020, Bitcoin has appreciated about 1,159% against the US dollar, but appreciated 1,704% against the yen.
Livingston stated that because Metaplanet’s liabilities are denominated in the weaker yen, it benefits from lower-cost financing. Each coupon payment made by Metaplanet is denominated in currencies that are relatively depreciating against Bitcoin and the US dollar, so the effective cost of the 4.9% coupon continues to decrease.
Currently, Metaplanet holds 35,102 Bitcoins, making it the fourth-largest Bitcoin treasury company. Despite accumulating a large amount of Bitcoin, the company’s stock price has still declined along with other crypto treasury companies.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC breaks through 76000 USDT
Gate News bot message, Gate market shows, BTC breaks through 76000 USDT, current price is 76071.4 USDT.
CryptoRadar58m ago
Bitcoin ETFs Add $664 Million as Assets Top $100 Billion Again
Crypto exchange-traded funds (ETFs) capped the week with a powerful surge, led by bitcoin’s massive inflow that pushed assets back above $100 billion. Ether extended its streak, while XRP and solana continued their steady climb.
Key Takeaways:
Bitcoin ETFs drew $663.91 million, pushing net asset
Coinpedia1h ago
Whale Deposits 3M USDC to HyperLiquid, Increases 30x BTC Short Position to $52.89M
A whale deposited 3 million USDC to HyperLiquid, boosting its 30x leveraged Bitcoin short to 700 BTC, valued at $52.89 million. The short was opened at $75,919, with a liquidation price of $80,839.93.
GateNews2h ago
Alcoa to Sell Idle Aluminum Smelter to NYDIG for Bitcoin Mining Infrastructure
Alcoa plans to sell its dormant Massena East aluminum smelter in New York to bitcoin miner NYDIG, with the deal closing by mid-2026. The facility's infrastructure makes it ideal for bitcoin mining, reflecting a trend of repurposing retired industrial sites.
GateNews3h ago
BTC falls below 75000 USDT
Gate News bot message, Gate market data shows that BTC has fallen below 75000 USDT, with the current price at 74996.3 USDT.
CryptoRadar6h ago
Iran Uses Bitcoin for Hormuz Strait Oil Transit Fees, But Stablecoins Handle Majority of Actual Fund Transfers
Iran is utilizing Bitcoin for oil transit fee settlements via the Strait of Hormuz, but stablecoins dominate actual fund transfers in these transactions.
GateNews8h ago
