Japanese investment firm Metaplanet has overtaken El Salvador in Bitcoin holdings after acquiring an additional 1,241 BTC worth approximately $129 million. This latest purchase brings the Tokyo-listed company’s total stash to 6,796 Bitcoin, currently valued at around $707 million, surpassing El Salvador’s 6,714 BTC, worth roughly $642 million.
The announcement came on May 12, with Metaplanet confirming the buy at an average price of $101,843 per Bitcoin, marking its highest purchase rate yet. CEO Simon Gerovich celebrated the milestone on X, declaring, “Metaplanet now holds more Bitcoin than El Salvador… we’re just getting started.”
Since initiating its Bitcoin accumulation strategy in April 2024, the firm has pursued an aggressive buying pattern. Just days prior, on May 7, Metaplanet secured 5,555 BTC, adding to a rapid accumulation that included four purchases in April totalling 18,586 BTC and six in March amounting to 18,925 BTC. Each acquisition has steadily increased in volume.
Metaplanet’s strategic positioning has earned it the title of Asia’s largest Bitcoin-holding firm and the tenth largest globally, according to BiTBO. The company also reported a Bitcoin Yield—a metric indicating the percentage increase in BTC holdings per fully diluted share—of 38% for the current quarter, following a 95.6% yield in Q1 2025.
Meanwhile, Michael Saylor, chairman of MicroStrategy, hinted at a possible new purchase by his firm on the same day. Posting a screenshot of the “Saylor Tracker” alongside the cryptic message “Connect the dots,” Saylor sparked speculation. Historically, such posts have preceded announcements of new Bitcoin buys.
MicroStrategy, rebranded as “Strategy,” currently holds 555,450 BTC, valued at around $57.8 billion, maintaining its position as the largest corporate holder of Bitcoin globally.
As institutional and national competition over Bitcoin heats up, Metaplanet’s bold strategy signals that the race for digital gold is far from over.
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