Metaplanet’s Bitcoin treasury strategy benefits from Japan’s weak yen, reducing the real cost of Bitcoin exposure and increasing BTC-denominated returns compared to U.S.-based peers. By financing in yen, the company takes advantage of currency dynamics and gains an edge in Bitcoin accumulation. This approach has led to substantial Bitcoin holdings and revenue growth, despite some challenges. Analysts believe the yen advantage will continue to benefit Metaplanet in the long run.

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