ChainCatcher reported, citing BBX data, that Japan’s rate hike and the Federal Reserve decision window arrived at the same time yesterday, forming one of the week’s most concentrated macro impact points. The report also noted that the latest results from institutional stablecoin research landed on the same day. Within these developments, Metaplanet Inc. (TSE: 3350) was highlighted because of its large Bitcoin reserve and its exposure to exchange-rate movements.
Metaplanet’s Bitcoin Reserve and Currency Pressure
Metaplanet Inc. was described in the report as Asia’s largest corporate BTC reserve holder and the third-largest Bitcoin holder among publicly listed companies worldwide. The company currently holds 40,177 BTC, with an average purchase price of about $104,000. It has also set a target of holding 100,000 BTC by the end of 2026.
After the Bank of Japan announced a 25-basis-point increase in its policy rate to 1.0%, the yen strengthened. According to the report, this created a “double-edged” currency pressure for Metaplanet: a stronger yen can reduce the yen-denominated book value of its BTC holdings, while Bitcoin subsequently moved higher against the immediate macro backdrop. As a result, the company’s reserve position was being viewed through both exchange-rate changes and Bitcoin price movements. The source text also referred to a same-day CoinDesk headline, but that headline was not fully shown in the provided input.