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Japanese Bitcoin Treasury Firms Keep Beating BTC. Tax Policy Makes Outperforming U.S. Peers the Easy Part

Japanese Bitcoin Treasury Firms Keep Beating BTC. Tax Policy Makes Outperforming U.S. Peers the Easy Part

2025-11-22

While U.S.-listed bitcoin treasury firms struggle to outperform ETFs, Japan’s harsh crypto tax code sends investors into DAT stocks, making outperformance easy.

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