Analyst: Yen depreciation gives Metaplanet a greater financial advantage over its US counterparts

PANews, January 5th – According to Cointelegraph, analyst Adam Livingston pointed out that the depreciation of the yen gives Japanese bitcoin treasury company Metaplanet a greater financial advantage compared to its American counterparts. Due to Japan's debt-to-GDP ratio reaching as high as 250%, the yen continues to depreciate, allowing Metaplanet to obtain financing at a lower cost. The 4.9% bond interest it pays is denominated in the continuously depreciating yen, so the actual BTC cost keeps decreasing. Currently, Metaplanet holds 35,102 BTC, making it the fourth largest BTC treasury company in the world. Last week, the company disclosed that it had increased its holdings by 4,279 BTC for approximately $451 million.