[Analyst Says Metaplanet Benefits from Lower Financing Costs Due to Yen Weakness] On January 5, crypto analyst Adam Livingston stated that Japanese Bitcoin treasury company Metaplanet benefits from lower financing costs due to the structural weakness of the yen. The actual cost of its 4.9% coupon rate continues to shrink when denominated in Bitcoin. Since 2020, Bitcoin has risen 1,159% against the US dollar and 1,704% against the yen. Currently, Metaplanet holds 35,102 BTC, making it the fourth-largest BTC reserve company. Recently, it increased its holdings by 4,279 BTC, valued at $451 million.