Japan’s Metaplanet Tops El Salvador in Bitcoin Holdings

Ace quick missions & earn crypto rewards while gaining real-world Web3 skills. Participate Now ! Metaplanet , a Japanese investment company, has surpassed the national government in Bitcoin BTC $103,767.54 ownership . The company recently bought more Bitcoin, enough to overtake El Salvador , a country known for adopting the asset as part of its official reserves. On May 12, Metaplanet announced that it had purchased 1,241 Bitcoin at a price of about ¥14.8 million per BTC, worth around $101,843. The total cost of the purchase was close to $129 million based on current prices. Did you know? Subscribe - We publish new crypto explainer videos every week! What is a DAO in Crypto? (Animated Explanation) SUBSCRIBE This latest purchase increased Metaplanet’s total Bitcoin holdings to 6,796 . At present market value, worth around $707 million. The company began buying Bitcoin in April 2024 and has paid an average price of $91,000 per coin so far. Following the announcement, CEO Simon Gerovich posted on X : Metaplanet now holds more Bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we’re just getting started. Metaplanet has reported strong growth in a metric it calls "Bitcoin Yield", which measures the change in Bitcoin holdings per share. The yield stands at 38% so far for this quarter, after hitting 95.6% in the first quarter of 2025. El Salvador, which started buying Bitcoin in 2021, holds 6,714 BTC , 82 fewer than Metaplanet. Meanwhile, David Bailey's Bitcoin-focused company, Nakamoto, recently raised $300 million. What is the purpose of the funding? Read the full story .