Japanese Companies Increase Bitcoin and XRP Holdings Amid Yen Decline
As Japan's yen approaches a four-decade low, companies are increasingly adopting bitcoin and XRP to hedge against currency devaluation. SBI VC Trade states that corporate demand for these cryptocurrencies is rising sharply, almost doubling its registered accounts since last year, according to CoinDesk.
The yen is currently trading near its weakest level in 40 years, prompting Japanese companies to consider increasing their cryptocurrency holdings as a buffer against its decline. SBI VC Trade reported that the corporate demand for bitcoin and XRP has been climbing, with their registered accounts now surpassing 2 million, effectively doubling from the figures recorded in 2025.
Hedge funds have become notably bearish on the yen, marked by a rise in bets against it that reached nearly 138,000 contracts as of June 30, as detailed by the Commodity Futures Trading Commission (CFTC). This shift is influenced by the stark interest-rate disparity between the U.S. Federal Reserve, which is taking a hawkish stance, and the Bank of Japan, which has not followed suit. Consequently, holding cash in yen becomes less attractive, which drives firms to seek out more stable assets.
SBI, known for its involvement in the crypto sphere as part of SBI Holdings in Tokyo, has remarked on the increasing demand for its corporate services. Many companies are adopting practices such as distributing bitcoin or XRP as perks for shareholders. This trend aligns with a broader market pattern where a weak yen fuels the carry trade, allowing investors to borrow yen at low rates to acquire higher-yielding assets.
As of the last reported figures, bitcoin's price stands around $62,650, reflecting a 6.1% increase over the week, according to CoinDesk data. It appears that companies are now leveraging regulated Japanese platforms for cryptocurrency transactions instead of resorting to offshore alternatives.
Summary based on original reporting by Shaurya Malwa at CoinDesk, originally published Jul 8, 2026. SolanaWire does not republish source content.
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