#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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The Bank of Japan is expected to maintain a slow pace of interest rate hikes, causing the yen to weaken against most currencies.
On January 2, Jinshi Data reported that the yen weakened against most G10 and Asian currencies in early trading due to the prospect of a slow rate hike by the Japanese Central Bank in 2025. Mitsubishi UFJ Financial Group analyst Lloyd Chan stated in a research report that market participants have postponed their expectations for the next rate hike by the Japanese Central Bank to March. The senior forex analyst had previously anticipated that the Japanese Central Bank would raise rates in December 2024 or January 2025. Meanwhile, supported by inflation policies such as trade tariffs implemented by the newly elected US President Trump, long-term US Treasury yields may remain high, which could further boost the strength of the US dollar.