Tokyo-based investment firm Metaplanet has officially overtaken El Salvador in Bitcoin reserves, marking a historic moment in institutional crypto adoption. Following its latest purchase of 1,241 BTC worth approximately $129 million, Metaplanet’s total holdings have surged to 6,796 BTC, slightly exceeding El Salvador’s national reserve of 6,714 BTC.
🪙 Bitcoin Dominance Shifts from Nation-State to Private Sector
Once a global trailblazer, El Salvador made headlines in 2021 by becoming the first country to adopt Bitcoin as legal tender. However, the tides have turned as private entities like Metaplanet are now leading the charge in large-scale BTC accumulation. At current market prices, Metaplanet’s holdings are valued at over $706 million, narrowly surpassing El Salvador’s stash, currently estimated at $642 million.
📈 Metaplanet’s Bold Bitcoin Strategy
Metaplanet initiated its Bitcoin buying spree in April 2024, aligning with a growing belief that Bitcoin is a superior long-term store of value amid global inflation and financial uncertainty. Since then, the firm has adopted a Bitcoin Yield strategy — a performance metric that tracks BTC growth relative to shares outstanding — reporting an impressive 38% yield so far in Q2 2025, following a 95.6% yield in Q1.
This aggressive approach mirrors the Bitcoin-centric treasury strategy of U.S.-based MicroStrategy and cements Metaplanet’s status as a top 10 global Bitcoin holder — and now, the largest in Asia.
🌍 Institutional Interest Accelerates
This milestone is a clear indicator of shifting dynamics in Bitcoin accumulation. While nation-states were once seen as the next big adopters, it’s institutional players like Metaplanet who are accelerating BTC demand. With Bitcoin trading near $104,477, the digital asset continues to attract capital as a hedge against fiat devaluation and economic instability.
🔮 What’s Next?
With Japan's regulatory environment growing increasingly crypto-friendly and interest from other Asian firms rising, Metaplanet’s bold bet may spark a new wave of institutional adoption across the region.
As Bitcoin matures from speculative asset to corporate treasury reserve, the competition for BTC ownership is entering a new phase — and Metaplanet just drew a definitive line in the sand.