Metaplanet Acquires 1,241 BTC, Surpassing El Salvador in Bitcoin Holdings

Edyme

May 12, 2025

This new purchase raises the company’s total Bitcoin holdings to 6,796 BTC, now worth approximately $706.7 million based

Metaplanet has acquired 1,241 BTC for $126.7 million, pushing its total Bitcoin holdings above El Salvador’s national reserve.

Background

Tokyo-listed investment firm Metaplanet announced on Monday that it has acquired an additional 1,241 BTC at an average price of $102,119, spending roughly $126.7 million.
This new purchase raises the company’s total Bitcoin holdings to 6,796 BTC, now worth approximately $706.7 million based on current market prices.
The firm's total BTC acquisition cost stands at $608.2 million, averaging $89,492 per Bitcoin. Metaplanet began its BTC accumulation strategy in April 2024 and has since scaled its position through multiple bond issuances.

Metaplanet has acquired 1241 BTC for ~$126.7 million at ~$102,119 per bitcoin and has achieved BTC Yield of 170.0% YTD 2025. As of 5/12/2025, we hold 6796 $BTC acquired for ~$608.2 million at ~$89,492 per bitcoin. $MTPLF pic.twitter.com/KXNWl5Hg0d
— Simon Gerovich (@gerovich) May 12, 2025

Why Should You Pay Attention?

With this purchase, Metaplanet now holds more Bitcoin than El Salvador, a nation known for adopting BTC as legal tender in 2021 and previously seen as the global torchbearer for sovereign crypto investment.
Metaplanet’s aggressive accumulation strategy and financial backing through 14 bond issuances position it as a leading corporate Bitcoin holder in Asia and a rising global player.
The company aims to reach 10,000 BTC by the end of 2025, a target that—if met—could significantly influence institutional crypto dynamics and raise Asia's profile in bitcoin treasury adoption.

Who Said What?

Simon Gerovich, CEO of Metaplanet, wrote on X:

“Metaplanet now holds more Bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we're just getting started.”

According to El Salvador’s Bitcoin Office, the Central American nation holds 6,174 BTC, making Metaplanet’s 6,796 BTC the new benchmark among national or quasi-national entities.
Bitcointreasuries.net lists Metaplanet as the 11th largest public Bitcoin holder globally, while Strategy, led by Michael Saylor, retains the top spot with 555,450 BTC.

Zooming Out

Metaplanet’s Bitcoin strategy mirrors that of the U.S.-based Strategy, further validating the asset’s role in corporate treasuries amid rising institutional interest.
The firm’s steady approach through bond-financed acquisitions underscores growing interest in Bitcoin as a hedge against inflation and as a store of value for companies operating in volatile macroeconomic environments.
As Metaplanet targets 10,000 BTC, the firm’s trajectory reflects a broader trend of deepening corporate engagement in crypto assets, positioning Asia as a major participant in the global Bitcoin economy.