💥 Japan’s Quantum Bids Big—3,000 BTC Buy Aligned With US-Japan Trade Surge! 🇯🇵💰📈
Japan-based AI startup Quantum declared its goal to buy 3,000 BTC on Wednesday.
US-Japan trade accord breakthrough levies 15% reciprocal tax on Japan.
Japanese firms' interest in Bitcoin rises as the country's government yield peaks.
Quantum Solutions, a Tokyo Stock Exchange-listed AI business, revealed its intention to buy 3,000 Bitcoin (BTC) given Japan's recent trade pact with the US and increasing bond rates.
Quantum Solutions joins Bitcoin's frontier
Quantum Solutions joined the increasing list of Japanese companies pursuing Bitcoin in a Wednesday news release. The startup wants to fund $10 million to buy the first 3,000 BTC, worth approximately $356 million, in 12 months.
The business said, “amid ongoing yen depreciation and increasing international financial uncertainty, investment and holding of Bitcoin are gaining importance.”
Quantum and many other Japanese firms are competing, including Metaplanet, which has 16,352 BTC as of July 24. ANAP and Machouse want to establish 1,000 BTC reserves, while Remix Points has 1,051 BTC.
Rising Japanese financial anxiety and US trade pact
Corporate stance toward Bitcoin matches Japan's falling bond market and financial insecurity. Japan's 40-year government bond rate hit a record 3.375% on Wednesday.
Wednesday's bid-to-cover ratio dipped to 2.127 from 2.214, the lowest in 14 years, indicating decreased liquidity and risk-off attitude among traders.
In such circumstances, US President Donald Trump pushed Japan to sign a new trade pact. The new accord includes a 15% "reciprocal tariff" on Japanese products sold or enterprises operating in the US, a $550 billion US investment package, and a 90% US investment profit share.
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