Metaplanet, an investment company from Japan, acquired 1,241 Bitcoins for approximately $126.7 million.
With this latest purchase, Metaplanet surpassed El Salvador in total Bitcoin holdings, solidifying its position as one of the largest institutional owners of this asset.
Metaplanet surpasses El Salvador in Bitcoin holdings
According to a disclosure published today, the company acquired more Bitcoins at an average price of approximately $102,119 (14,848,061 yen) per token. This increases its total reserves to 6,796 Bitcoins — up from 5,555 Bitcoins just last week.
Metaplanet, which began purchasing Bitcoins in April 2024, now holds more than the national reserves of El Salvador. According to the Bitcoin Office of El Salvador, the country, which has been a prominent state adopter since 2021, holds 6,174 Bitcoins, trailing Metaplanet by 622 Bitcoins.
“Metaplanet now owns more Bitcoins than El Salvador. From humble beginnings to competing with nations, we are just getting started,” wrote Metaplanet CEO Simon Gerovich in a post.
In another post on X (formerly Twitter), Gerovich emphasized the company's increasing commitment to Bitcoin, disclosing cumulative investments totaling approximately $608.2 million. At the current Bitcoin price of $104,003, Metaplanet's holdings are now worth about $706.8 million, representing 16.2% unrealized profit.
Furthermore, the company achieved a BTC Yield of 170.0% year-to-date (YTD) in 2025, a metric that tracks the growth of Bitcoin reserves on a fully diluted share basis. For the current quarter — from April 1 to May 12, 2025 — the BTC Yield stands at 38.0%, reflecting the continued value creation for shareholders through treasury strategy.
The company's stock is also benefiting from its pivot to Bitcoin. Following today’s announcement, Metaplanet’s shares (3350.T) rose by 3.8% on Monday.
Moreover, BeInCrypto reported that the stock price has increased 15 times since the beginning of Bitcoin accumulation. This signaled investor confidence in the company’s Bitcoin-focused strategy. Metaplanet vs Strategy: Analyst sees greater potential for the Japanese bet on Bitcoin.
Metaplanet's approach reflects that of the American company Strategy (formerly MicroStrategy) — a pioneer in corporate Bitcoin accumulation. However, a recent analyst suggested that Metaplanet may offer even greater growth potential relative to Bitcoin price appreciation.
In the ballistic acceleration model, the analyst projected that with a Bitcoin price of $120,000, Metaplanet's shares could double (2.0x), while Strategy's shares could grow by 1.6x. At $150,000, Metaplanet could see a growth of 4.5x compared to 3.0x growth from Strategy. As the analyst described, this 'asymmetrical advantage' highlights how Metaplanet — still in the early stages of its Bitcoin strategy — can deliver excess returns on its shares relative to its risk, positioning itself as a high-beta proxy for Bitcoin exposure.#BinanceSquare #Write2Earn #metaplanet #NewsTrade #BinanceAlphaAlert $BTC