Posted in

Metaplanet Adopts Bitcoin as Reserve Asset Amid Japan’s Debt Burden

Japanese investment and consulting services company Metaplanet has adopted Bitcoin (BTC) as its strategic treasury reserve asset. The move comes at a time when Japan is facing high debt burden and a volatile national currency – yen.

Metaplanet said in a press release on Monday that the company’s strategy “unequivocally prioritizes a Bitcoin-first, Bitcoin-only approach” with financial options such as long-dated yen liabilities and periodic share issuances. This is to continuously accumulate more Bitcoin rather than retaining the ever-weaker yen, it added.

In a recent revelation, Metaplanet disclosed plans to allocate a substantial sum of ¥200 Million ($1.25 million) towards acquiring Bitcoin. On May 10, the company announced that it had purchased an additional 19.87 BTC.

According to, Metaplanet has acquired 117.7 BTC ($7.19 million) since April. The acquisition follows the strategy by U.S.-listed MicroStrategy (MSTR), which is known for its Bitcoin holdings.

“Metaplanet has pivoted its treasury strategy to Bitcoin, focusing on a number of complementary strategies designed to be accretive on a per-share basis in Bitcoin terms,” the release noted.

Japan’s Economic Environment Makes Metaplanet Pivot to Bitcoin

Japan’s fiscal crisis is playing a key role in its national currency’s recent slump in value. The country has been struggling with high government debt levels, prolonged periods of negative real interest rates, and the highly volatile and weak yen.

Per data by International Monetary Fund (IMF), Japan’s gross debt and gross domestic product (GDP) ratio exceeds highest 254%. In terms of the US, the debt-to-GDP ratio has increased 123%.

Further, the Bank of Japan (BOJ) implemented a negative interest rate policy since 2016 and has only recently adjusted policy rates to a range of 0-0.1% from -0.1%.

Thus, taking into the relatively high national debt and structurally low interest rates, yen has weakened significantly. The national currency has slumped by 50% against the dollar over the past decade.

“Metaplanet views bitcoin as fundamentally superior to any and all other forms of political currency, traditional stores of value and investment, and all other crypto-assets/securities,” the company added.

Check other news for today and Please stand by..


If one of the paying programs on our Monitor appeals to you, please support EmilyNews by registering for it on our website. Thanks very very much!

EN web Support Chat | Hyips and Crypto questions – HyipChatEN

Telegram Chat for Crypto and Hyip reports: @HyipChatEN


Be the first to get most important HYIP news everyday!
Simply Follow EN Facebook, EN Telegram, EN Twitter
or Subscribe to EN Feedburner and submit your email address!

If you like this article and want to support EN – please share it by using at least few of social media buttons below. Thanks and See you tomorrow!

Leave a Reply

Your email address will not be published. Required fields are marked *

join program here