Metaplanet, a publicly listed investment firm in Japan, has officially surpassed El Salvador’s Bitcoin stash after adding $129 million worth of BTC.
According to an X post by Simon Gerovich dated May 12, 2025, “ Metaplanet now holds more Bitcoin than El Salvador, from humble beginnings to rivaling nation-states, we’re just getting started.”
Metaplanet now holds more Bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we’re just getting started.メタプラネットのビットコイン保有量がついにエルサルバドルを超えました。小さな一歩から始まり、今や国家に匹敵する規模へ。まだまだここからです。 pic.twitter.com/E18Td9tHfc
— Simon Gerovich (@gerovich) May 12, 2025
A similar X post by Metaplanet of May 12, 2025, quotes that,” the company has acquired an additional 1,241 Bitcoin.”
Metaplanet to acquire 3,204 BTC to reach 10K Bitcoin goal
After the recent buy of millions of Bitcoins, Metaplanet’s total holdings have reached 6,796 BTC, an average price of 13,270,989 yen per Bitcoin, and an aggregated purchase amount of 90.190 billion yen.
Earlier, the publicly traded firm announced to hold 10,000 Bitcoin by the end of 2025, yet after buying 3,204 BTC, Metaplanet will succeed in surpassing its expected milestone of 10k BTC.
The press briefing of Metaplanet dated May 12, 2025, the yield generated by the company quarter to date as date 12/05/2025, was 38.0%, the quarter-to-date BTC gain is 1,538.
A wallet marked by Arkham Intelligence, ‘ El Salvador Government’, holds Bitcoin $644.26 million. It is worth noting that the nation is one of the first in the world to legalize Bitcoin in 2021.
Bitcoin is helping institutions to incline towards digital assets
Over the past few years, Bitcoin’s price has performed quite well, and most recently it has reached an all-time high of nearly $110k. When writing, BTC was exchanging hands at $105,459 with a surge of 1.71% in the past 24 hours.
Source: TradingView
The market capitalization of Bitcoin is $2.09 trillion, with a surge of 1.72% intraday, and the trading volume is $50.1 billion, with an addition of 10.91%.
In the past 24 hours, Bitcoin has highest traded at its highest at $105,747 and its lowest at $103,364, and in the past 30 days, it has traded at $83,027.
Until publishing, Bitcoin is trading above 20, 50, 100, and 200-day exponential moving averages, and as per data from TradingView, BTC prices are up by 11.08% in the past 7 days and in the past month, prices are up by 25.33%.
Experts argue that if the bullish Bitcoin price continues to grow, there are expectations that BTC could test the resistance of $109,367, followed by a new expected all-time high above $115k.
Some major identified supports are $80,028, followed by $75,013, and next support of $66,895. However, Bitcoin’s 10-day exponential moving average is $100,829.
BTC’s 10-day simple moving average is $99,817, and the relative strength index (14) 74.69 is neutral.
