Metaplanet, a Japanese investment corporation, has secretly developed a Bitcoin hoard that now exceeds the holdings of an entire country, El Salvador, with 6,796 BTC, worth approximately $707 million at current market rates, following its most recent buy on May 12, 2025. CEO Simon Gerovich celebrated the milestone on X, noting it was “from humble beginnings to rivaling nation-states,” and hinted that this is only the beginning of the company’s crypto journey.
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
On May 12, a Tokyo Stock Exchange-listed company announced that it had purchased 1,241 Bitcoins for approximately 14.8 million yen (around $101,843 USD) each.
The Tokyo-listed firm added 1,241 Bitcoin to its treasury in a single tranche, paying about ¥14.8 million (approximately $101,843) per coin—its highest ever purchase price—injecting $129 million into its coffers in one move. Metaplanet began amassing Bitcoin in April 2024 and has steadily increased the size of its buys: six purchases in March totaling 18,925 BTC, four in April totaling 18,586 BTC, and the recent 5,555 Bitcoin on May 7 purchases, each outstripping the last.
Source: Metaplanet
By contrast, El Salvador—celebrated as the first country to adopt Bitcoin as legal tender—holds 6,714 BTC valued at about $642 million, according to its National Bitcoin Office. Metaplanet’s aggressive acquisition has made it Asia’s largest corporate holder and the ninth largest globally, according to BiTBO’s treasury database.
In addition to the raw data, Metaplanet reports a Bitcoin Yield of 38% for the current quarter, up from 95.6% in Q1 2025. This indicates strong returns for shareholders that are directly linked to the company’s cryptocurrency strategy.
