Metaplanet now holds more Bitcoin than El Salvador

Date: 2025-05-12

Japanese investment firm Metaplanet has added another $129 million to its Bitcoin treasury, pushing its total holdings past the Bitcoin-stacking country of El Salvador. “Metaplanet now holds more Bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we’re just getting started,” said CEO Simon Gerovich on X after the latest purchase announcement. On May 12, the Tokyo-listed firm announced that it had acquired 1,241 Bitcoin (BTC) for 14.8 million yen ($101,843) per coin.The total buy, at its highest ever purchase price, is worth around $129 million at current market prices. This brings the firm’s total holdings to 6,796 Bitcoin, currently worth around $707 million, and the average purchase price is $91,000 per Bitcoin. M...

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