Japan quietly builds an inviolable “cryptocurrency treasure”
Japanese businesses rush to hoard Bitcoin
A wave of Japanese companies turning to Bitcoin as a key treasury asset is spreading, reflecting concerns about inflation, currency devaluation and the need to diversify financial strategies.
Metaplanet Inc. leads with 17,595 BTC (ranked 7th in the world among listed companies) and targets 210,000 BTC by 2027 .
Convano salon chain plans 21,000 BTC, initial investment of $2.7 million and will start mining Bitcoin using renewable energy in the US.
Mac-House changed its name to Gyet Co., Ltd., and poured $160 million into buying and mining Bitcoin. Even established companies like Kitabo got involved, while Toho Remac spent 1 billion yen buying Bitcoin and Ethereum.
Changing the Rules of the Game: Cryptocurrency ETFs Boom Opportunity
Japan’s Financial Services Agency (FSA) is considering converting cryptocurrencies from “means of payment” to “financial products ,” paving the way for the first public crypto ETF .
SBI Holdings’ proposal includes a gold-digital asset ETF and a Bitcoin-XRP ETF. If approved, the capital gains tax would be reduced to 20% like stocks, instead of the current maximum of 55%, making it easier for pension funds and financial institutions to participate.
Finance Minister Katsunobu Kato supported the move, stressing that cryptocurrencies should be considered as investment channels. Analysts expect a yen-hedged Bitcoin ETF to increase global liquidity and reduce barriers for Japanese investors.
Japan reaffirms its position as a crypto powerhouse
Once a global Bitcoin trading hub through Mt. Gox before 2014, Japan learned its lesson and became the first country to license a crypto exchange .
There are currently over 12 million accounts and 5 trillion yen (~$34 billion) in digital assets under management . Binance CEO Changpeng Zhao commented that “Japan is a pioneer in Web3 regulation” .
With its buying, mining, and ETF preparations, Japan is moving toward re-establishing its status as a cryptocurrency powerhouse , combining institutional strength and a transparent legal framework to lead the global market.