“As the yen continues to weaken, Bitcoin offers a non-sovereign store of value that has, and may continue, to appreciate against traditional fiat currencies,” Metaplanet said, adding that BOJ’s strategy of keeping rates low while intervening in the FX markets represents an “unsustainable monetary paradox.”
Tokyo-Listed Metaplanet Adopts Bitcoin (BTC) as Strategic Reserve Asset as Japan Grapples With Debt Burden
