Metaplanet Surpasses El Salvador in Bitcoin Holdings.

Japan’s Metaplanet Joins the Bitcoin Big Leagues

Metaplanet, a Tokyo-listed investment firm, has officially surpassed El Salvador in Bitcoin holdings after a massive $129 million BTC purchase announced on May 12.

The firm acquired 1,241 BTC at its highest-ever purchase price of ¥14.8 million (~$101,843) per coin. This brings its total holdings to a staggering 6,796 BTC, worth approximately $707 million at current market prices.

Outpacing a Nation

Until now, El Salvador was the most prominent nation-state holder of Bitcoin, with 6,714 BTC (~$642 million), according to its National Bitcoin Office. Metaplanet’s aggressive buys have catapulted it past the Central American country in under a year.

Metaplanet began its Bitcoin treasury strategy in April 2024, and its pace has been relentless:

• May 7: Bought 5,555 BTC

• April 2025: Added 18,586 BTC across four purchases

• March 2025: Accumulated 18,925 BTC in six separate buys

Bitcoin Yield Metrics Show Strong Gains

Metaplanet’s performance has impressed investors beyond raw numbers. The firm’s Bitcoin Yield — measuring BTC growth per fully diluted share — stands at 38% this quarter, following an eye-popping 95.6% in Q1 2025. It’s now the largest Bitcoin holder in Asia and ranks 10th globally.

Saylor Signals Another Strategy Buy?

On the same day as Metaplanet’s headline-making purchase, Michael Saylor of Strategy stirred speculation with another cryptic post. “Connect the dots,” Saylor teased on X, alongside a screenshot of the “Saylor Tracker” — a chart tracking Strategy’s Bitcoin holdings. He’s used similar posts ahead of official BTC buys in the past. Currently, Strategy holds 555,450 BTC, valued around $57.8 billion. 

What's Next?

Metaplanet’s moves signal the institutional race to accumulate BTC is far from over — and now includes corporate and national players alike. With Asia’s largest Bitcoin treasury, Metaplanet is positioning itself as a dominant force in the digital asset era.