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According to BBX data, yesterday's interest rate hike in Japan coincided with the Federal Reserve's decision window, creating the most intense macroeconomic shock point of the week. The latest results of institutional stablecoin research were released on the same day, with the core dynamics as follows:Metaplanet Inc. (TSE: 3350), as the largest corporate BTC reserve holder in Asia and the third largest publicly traded company holding Bitcoin globally (holding 40,177 BTC at an average price of about $104,000, with a target of 100,000 BTC by the end of 2026), faced a dual-edged sword pressure from the exchange rate yesterday: after the Bank of Japan announced a 25 basis point increase in the policy interest rate to 1.0%, the yen strengthened, superficially lowering the book value of BTC denominated in yen, but Bitcoin subsequently rose against the trend (CoinDesk's headline on the same day: "Bitcoin rallies after Japan rate increase"), with actual improvements in USD-denominated holdings. The company's current holdings are approximately $2.64 billion (estimated at $65,750/BTC), with the latest capital move being the issuance of 8 billion yen (about $55 million) for the 20th bond (EVO FUND) on April 24 for additional BTC purchases. Analysts warn that if the BOJ's interest rate hike triggers large-scale unwinding of "Yen Carry Trade," global risk assets including BTC may suffer systemic deleveraging shocks—however, Metaplanet holds physical BTC rather than leveraged positions, with its main risk being the exchange rate conversion effect rather than forced liquidation.OSL Group (Hong Kong Stock Exchange: 0863.HK) and the School of Business at the Hong Kong Polytechnic University jointly released a white paper on June 16 (The Block included it on the same day at 9:01 am EDT), titled "Cross-Border Trade Payments Will Drive the Adoption of Regulated Corporate Stablecoins." The core conclusion is that the demand for corporate-level cross-border trade payments is the main path to drive the large-scale adoption of regulated stablecoins, with importance surpassing retail consumption scenarios. OSL Group holds the Hong Kong Securities and Futures Commission licenses 7 (automated trading services) and 1 (securities trading), making it one of the few compliant exchanges globally with both institutional custody and practical experience in stablecoin settlement. Previously, it provided institutional clients with approximately $130 million in USDGO stablecoin settlement services in April 2026. This white paper provides an industrial basis for the stablecoin policy framework of Hong Kong's financial regulatory authorities, and, together with Visa's stablecoin settlement of $7 billion annualized scale, SoFi SoFiUSD's launch, and Western Union's USDPT layout, constitutes multiple points of evidence accelerating the global adoption of corporate stablecoins.

According to official news, Metaplanet announced that it has reached an agreement to acquire 100% of the shares of the Japanese licensed first-class securities company Siiibo Securities. The company is one of the pioneers in Japan's online corporate bond market. The transaction is expected to close in July, at which point the company will be renamed Metaplanet Securities.This is Metaplanet's first major acquisition since its establishment and the first substantial implementation of its long-term strategy Project Nova. This strategy aims to build a Bitcoin-centric financial ecosystem in Japan.

Metaplanet CEO Simon Gerovich stated that the company holds 40,177 BTC on its balance sheet, making it the third largest BTC treasury company in the world, and it generates significant revenue through its BTC revenue-generating business, which serves as the foundation for future development.

Simon Gerovich, CEO of the Japanese Bitcoin financial company Metaplanet, tweeted that BTC Yield is the company's most important KPI, and the core goal of the company's capital allocation is to maximize shareholders' BTC Yield. When the modified net asset value (mNAV) is below 1 times, repurchasing the company's stock may be one of the effective means to enhance BTC Yield, and the lower the mNAV, the more significant the enhancement effect. The company will continue to regard stock repurchase as an important capital allocation option.However, it also emphasized that the actual execution of the repurchase must strictly comply with insider trading regulations and monthly disclosure obligations, so it will not comment on specific implementation timing or circumstances before appropriate disclosures are made. This statement does not represent that the company is currently conducting or plans to conduct stock repurchases during a specific period.

BitcoinTreasuries.NET posted on platform X that MetaPlanet MPJPY allocated $5.41 million from surplus capital to pay dividends on its perpetual preferred stock MERCURY to its institutional shareholders. The company's Bitcoin revenue business has established a revenue base that can fund the preferred stock dividends.

According to The Block, regarding the gradual shutdown of the Cardano ecosystem data analysis and infrastructure platform TapTools, Cardano founder Charles Hoskinson responded that TapTools is another loss in the ecosystem following JPG Store, and warned of a potential "wave of failures," expecting more projects to shut down, DeFi operations to cease, and industry consolidation in the second half of the year.He stated that some older projects no longer have investment value, resources to support struggling projects are limited, and he lacks direct control over ecosystem funding decisions and treasury allocation.

According to BBX data, yesterday (May 26), the largest publicly traded company holding Ethereum announced the latest SEC filing, with Strive's weekly increase of 1,109 coins maintaining a steady pace, and the SATA financing flywheel continuing to operate. The core dynamics are as follows:Bitmine Immersion Technologies, Inc. (NYSE: $BMNR) submitted Form 8-K to the SEC on May 26, disclosing that as of that date, the company's ETH holdings reached 5.39 million coins (accounting for 4.47% of the total ETH circulation, with a target of 5%, currently completed 89%), with a total of approximately $12.3 billion in combined crypto assets, cash, and strategic equity investments; among which 4,712,917 ETH has been staked (valued at approximately $10.1 billion at $2,134 per coin), with a 7-day staking annualized yield of 2.75%, and an estimated annualized income of approximately $276 million based on full staking; the company's self-operated validation node platform MAVAN has also opened staking services to external institutions. Chairman Tom Lee pointed out in a statement that if the ETH closing price in May is above $2,100, it will be the first time there has been a positive monthly close for three consecutive months, "which has never happened in a crypto bear market." The average daily trading volume of $BMNR over the past 5 days is approximately $572 million, making it the 193rd most actively traded stock in the U.S.Strive, Inc. (NASDAQ: ASST) disclosed in its 8-K on May 26 the asset changes from May 18-22: BTC holdings increased from 15,391 coins to 16,500 coins (a net increase of 1,109 coins), cash increased from $87.3M to $93.3M (+$6M), and STRC holdings increased from $49.8M to $50.1M; during the same period, Class A common stock increased by approximately 2.23 million shares (conversion of SATA preferred stock), and the total amount of SATA preferred stock increased by approximately 515,000 shares. Strive uses the issuance of SATA preferred stock as its main financing tool, continuing the systematic accumulation of BTC; the BTC yield from 2026 to date is approximately 18.4% (as of May 19).

Metaplanet CEO Simon Gerovich stated that the company has postponed its plans to list Mars and Mercury preferred shares due to the immaturity of the Japanese preferred stock market and restrictions from exchange rules. He mentioned that Japanese exchanges require preferred stock dividends to be supported by sustainable, recurring cash flows, while Metaplanet still needs to prove that its Bitcoin revenue business can generate stable returns in different market environments.Additionally, the company plans to distribute dividends monthly, but the Japanese market typically has annual or semi-annual dividends, and the relevant infrastructure still needs to be improved. Metaplanet currently holds 40,177 BTC, and its stock price has fallen 25% year-to-date.

Japan's Bitcoin treasury company Metaplanet announced its Q1 performance for the fiscal year 2026: revenue was 30.8 billion yen, a year-on-year increase of 251.1%; operating profit was 22.67 billion yen, a year-on-year increase of 282.5%; recurring loss was 114.928 billion yen, mainly affected by accounting impairments due to the decline in Bitcoin prices. As of March 31, 2026, Metaplanet held 40,177 BTC, with a fully diluted per-share BTC holding increasing by 2.8% compared to the end of 2025.The company stated that as of May 12, 2026, its BTC holdings had a market value of approximately 514 billion yen, accounting for about 87% of the total BTC holdings of listed companies in Japan. In addition, Metaplanet maintained its full-year performance guidance for the fiscal year 2026, expecting total revenue of 16 billion yen, a year-on-year increase of 79.7%; and total operating profit of 11.4 billion yen, a year-on-year increase of 81.3%.

The Bitcoin TAP protocol ecological project BIT (@dmt_bit_) has released a new roadmap, announcing a focus on the narrative of "Bitcoin Security Budget Layer," with tokens being directly issued to Bitcoin miners every block as a new source of miner subsidies.The BIT team disclosed that currently only the $NAT token enjoys the miner subsidy mechanism under the TAP protocol, and this mechanism is hardcoded in the protocol's source code (effective only for the dmt-nat token), making it unavailable for other DMT projects. The TAP protocol has also not publicly disclosed any third-party security audits to date.BIT has submitted a code upgrade proposal to TAP, hoping to open this mechanism for use by all DMT tokens, but it was rejected by the TAP officials.According to the roadmap, BIT will next develop a new protocol based on a TAP fork—any DMT token deployment party can customize the token issuance rules and miner distribution methods (including distribution by mining pool weight, independent miner prize accumulation, mixed distribution, etc.) through a single inscription, eliminating any hardcoded privileges for projects. A third-party security audit will be completed before the mainnet launch of the new protocol. $BIT will serve as the native token of the new protocol, and the ecological development of the protocol will continue to empower $BIT.

According to official news, Tapp Exchange has announced that it will gradually cease operations. The protocol will remain fully available until May 31, 2026, and all user assets are secure and can be withdrawn at any time.Since its launch in June 2025, Tapp has built the first V4 style DEX on Aptos, continuously introducing the ve(3,3) voting mechanism, emission distribution, bribery infrastructure, and governance tools, transferring liquidity decision-making power to veTAPP holders.

According to the official announcement, Gate DEX BountyDrop has launched the Catapult Trade airdrop event today. Users can enter the BountyDrop module to participate in tasks through the "Events" page of the Gate DEX App. Among all participants who complete the tasks, 238 participants will be randomly selected to share a $15,000 creator package.Gate Wallet is an industry-leading multi-chain crypto wallet that connects over 100 public chains, millions of assets, and tens of thousands of DApps in one place, providing a professional-level DEX experience and the best solutions for every DEX need. BountyDrop is a dedicated earning activity area in the discovery page of Gate DEX, where users have the chance to win rewards or participate in a lottery to obtain airdrop tokens by completing simple tasks.

Japan's Bitcoin financial company Metaplanet announced the issuance of zero-interest ordinary bonds worth 8 billion yen for further purchases of Bitcoin.

The Japanese yen stablecoin JPYC, issued and operated by JPYC, announced that it has completed approximately $17.62 million in additional financing in the second closing of its Series B round, bringing the total financing amount to approximately $28.93 million after the first closing. Participants include NCB Venture Capital, Metaplanet, North Pacific Bank, Ltd, Yokohama Capital, and others. This round of funding will primarily be used for system and application development, recruitment of talent for business expansion, issuance and redemption of stablecoins, trading, payment and management-related businesses, as well as new strategic investments. JPYC stated that as of now, its cumulative issuance has exceeded approximately $13.21 million, currently supporting Avalanche, Ethereum, and Polygon, and is considering adding Kaia and Arc.

According to BBX data, yesterday the innovative structure of cryptocurrency ETF products was launched simultaneously with the reserve actions of Asian companies, with the core dynamics as follows:Bitwise Asset Management announced on April 15 via PR Newswire that the Bitwise Avalanche ETF (NYSE: $BAVA) officially landed on the New York Stock Exchange, becoming the first onshore ETP in the U.S. that integrates self-operated on-chain staking of Avalanche; the fund stakes approximately 70% of its holdings, targeting an annualized staking yield of 5.4%, with a management fee rate of 0.34% (waived for the first month on the first $500 million in assets).Metaplanet Inc. (TSE: 3350) reported by media analysis that the 27th batch of warrants officially became exercisable for the EVO FUND starting yesterday (April 16), which is part of the company's ongoing capital operations to expand its BTC reserves. Previously, the company disclosed on April 2 that it purchased 5,075 BTC in Q1 (costing approximately $398 million), raising its total holdings to 40,177 BTC, surpassing MARA Holdings to become the third largest BTC holder among publicly listed companies globally; the company's long-term goal is to hold 100,000 BTC by the end of 2026.

According to SoSoValue data, as of 8 AM Eastern Time on April 6, 2026, the total net purchase of Bitcoin by publicly listed companies worldwide (excluding mining companies) for the week was $735 million, an increase of 1,050,543% compared to last week.Strategy (formerly MicroStrategy) announced an investment of approximately $330 million to purchase 4,871 Bitcoins at a price of $67,718, bringing its total holdings to 766,970 Bitcoins.The Japanese listed company Metaplanet announced last week an investment of $405 million to purchase 5,075 Bitcoins at a price of $79,898, bringing its total holdings to 40,177 Bitcoins.In addition, another company purchased Bitcoin last week. The UK Bitcoin company BHODL announced on April 2 an investment of $68,000 to purchase 1 Bitcoin.As of the time of writing, the total amount of Bitcoin held by the publicly listed companies in the statistics (excluding mining companies) is 1,033,280 Bitcoins, an increase of 0.97% compared to last week, with a current market value of approximately $7.178 billion, accounting for 5.2% of Bitcoin's circulating market value.

Simon Gerovich, CEO of the Japanese Bitcoin listed company Metaplanet, posted on the X platform in response to the Japan Exchange Group (JPX) announcing the postponement of including companies with major assets in cryptocurrency into the index, stating that he respects the relevant procedures and will actively participate, which will not affect the advancement of Bitcoin strategy and ecological layout.He added that Metaplanet was established to provide Japanese investors with a compliant channel to access Bitcoin through companies listed on the Tokyo Stock Exchange, but the company's strategy goes beyond asset allocation and will promote the development of the Japanese Bitcoin ecosystem through "Project Nova," including the layout of operational businesses and investment in industry partners. So far, more than 216,000 Japanese shareholders have participated in this strategy, and Metaplanet will continue to maintain constructive communication with all parties, including JPX, to enhance the market's understanding of Bitcoin and the company's role in the Japanese financial system.

According to China News Weekly, the People's Court of Honggang District in Daqing City, Heilongjiang Province recently announced a first-instance judgment. Two men were sentenced for stealing electricity from high-voltage lines in an oil field for Bitcoin mining. The principal offender, Zhang, was sentenced to 10 years in prison and fined 50,000 yuan, while the accomplice, Zhao, was sentenced to 4 years and 10 months in prison and fined 20,000 yuan.According to the judgment, in September 2024, Zhang illegally connected to the high-voltage line of an oil field in Daqing and set up 24 Bitcoin mining machines in an abandoned pigsty he rented. In December of the same year, Zhao joined in knowing that Zhang was stealing electricity and purchased an additional 12 mining machines, bringing the total to 36 machines running. In August 2025, the two were arrested by the public security authorities.It was calculated that Zhang stole 565,375.2 kilowatt-hours of electricity, valued at 438,580.52 yuan; Zhao stole 468,060 kilowatt-hours, valued at 363,750.78 yuan. The court determined that both men committed theft, with Zhang as the principal offender and Zhao as the accomplice. The court also ordered Zhang to repay 438,580.52 yuan, and Zhao to bear joint repayment responsibility for 363,750.78 yuan. The mining machines and related equipment involved in the case will be handled by the public security authorities in accordance with the law.

Metaplanet CEO Simon Gerovich stated that the company purchased 5,075 BTC at an average price of approximately $79,898 in the first quarter of 2026, with a total investment of about $405.48 million. The year-to-date return on Bitcoin is 2.8%.As of March 31, the company has accumulated a total of 40,177 BTC, with a total cost of approximately $4.18 billion and an average cost of about $104,106.

MetaPlanet has received the previously announced funding from global institutional investors, totaling $255 million. This funding allows it to purchase over 3,800 BTC at the current price, potentially making it the third largest company in terms of BTC holdings globally.