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- #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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Fitch: Japanese corporate bond issuers have a robust ability to cope with rising long-term yields.
Jin10 data reported on May 30 that Fitch Ratings stated in a report that Japanese corporate bond issuers are in a good position to cope with the rise in long-term government bond yields. Due to concerns on the fiscal side, Japan's long-term borrowing costs have surged in recent weeks. Fitch Ratings noted, "The impact of rising bond yields on companies largely depends on their leverage, but our review of Japan's top 100 companies shows that about half of them hold net cash positions."