Metaplanet Strengthens Bitcoin Treasury Position Amid Yen Weakness
The post Metaplanet Strengthens Bitcoin Treasury Position Amid Yen Weakness appeared on BitcoinEthereumNews.com.
Metaplanet benefits from a weaker Yen, as this reduces the cost of Metaplanet’s Bitcoin-linked debt. Increased Bitcoin holdings and capital restructuring have further solidified its presence among the major crypto firms handling treasuries. Metaplanet has been identified to greatly benefit from the depreciated value of the Japanese currency, given that a change in the value of the Bitcoin-focused balance sheet is dependent on the value of the currency that the company uses to repay its debts. Analysts indicate that companies that possess Bitcoin and repay debts in the form of the Japanese Yen may notice a drop in the costs of their debts due to the devaluation of the local currency. Bitcoin analyst Adam Livingston highlighted the case of Japan, which has a government debt of around 250% of its GDP, as one of the factors that has been pressuring the Japanese yen. These kinds of factors help create a situation where companies involved in hard assets like Bitcoin may have different financial dynamics compared to those involved in strong fiat currencies. Data indicates that the appreciation of Bitcoin against the U.S. dollar is approximately 1,159% since 2020. Compared to the Japanese yen, the appreciation is higher, standing at 1,704% appreciation, thus indicating the rising discrepancy concerning the appreciation of value in the Japanese currency compared to Bitcoin. Debt Costs and Treasury Position As observed by analysts, Metaplanet is servicing a reported coupon of 4.9% with a currency that is constantly depreciating against Bitcoin. This means that the actual costs associated with such payments keep on lowering. This is opposed to the liabilities associated with the cryptocurrency treasuries that service a higher coupon with a stronger currency. As of data from Bitcoin Treasuries, Metaplanet currently has a total of approximately 35,102 BTC, which makes it one of the top companies…
Filed under: News - @ January 5, 2026 10:25 am