Japan’s Metaplanet Tops El Salvador in Bitcoin Holdings

Written by Aaron S.,

Editor-In-Chief

Last Updated: May 12, 2025

Key Takeaways

Metaplanet holds 6,796 BTC, 82 more than El Salvador, after a $129 million Bitcoin purchase on May 12;
The Tokyo-listed firm began buying Bitcoin in April 2024, with an average entry price of $91,000;
Metaplanet’s Bitcoin Yield hit 38% this quarter, following a 95.6% increase in Q1 2025.

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Metaplanet, a Japanese investment company, has surpassed El Salvador in Bitcoin BTC $109,768.63 ownership.

El Salvador is 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.

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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.