#委内瑞拉比特币储备 Recently studying the Bitcoin reserve strategies of various countries, I unexpectedly discovered an interesting phenomenon! 🤔

Metaplanet, a Japanese crypto treasury company, actually has an advantage over similar companies in the US? Why is that? It turns out it's because of the depreciation of the Japanese Yen! Japan's debt-to-GDP ratio is as high as 250%, leading to a continuous weakening of the Yen. As a result, Metaplanet's Yen-denominated liabilities are shrinking over time, and financing costs are also decreasing.

The most shocking data to me is this—since 2020, Bitcoin has increased by 1,704% against the Yen, surpassing the 1,159% increase against the US dollar! This means that, when valued in Yen, the returns on holding Bitcoin are even more explosive. 🚀

Metaplanet now holds 35,102 BTC, making it the fourth-largest reserve holder globally. Recently, they added another 4,279 BTC, worth $451 million. It sounds a bit complicated, but the core logic is actually: currency depreciation → higher returns on holding Bitcoin → lower financing costs. This cycle allows Japanese companies to outperform their US counterparts.

I used to think Bitcoin was far from everyday life, but now I realize it’s actually related to macroeconomic policies of countries. It’s a bit eye-opening! Can any experts explain to beginners what impact this kind of national-level Bitcoin reserve might have on ordinary investors?