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.\u00a0<\/p>\n
\u201cMetaplanet now holds more Bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we\u2019re just getting started,\u201d said<\/a> CEO Simon Gerovich on X after the latest purchase announcement.\u00a0<\/p>\n On May 12, the Tokyo-listed firm announced<\/a> that it had acquired 1,241 Bitcoin (BTC<\/a>) for 14.8 million yen ($101,843) per coin.<\/p>\n The total buy, at its highest ever purchase price, is worth around $129 million at current market prices.\u00a0<\/p>\n This brings the firm\u2019s total holdings to 6,796 Bitcoin, currently worth around $707 million, and the average purchase price is $91,000 per Bitcoin. Metaplanet started its BTC accumulation strategy in April 2024.\u00a0<\/p>\n El Salvador is the sixth-largest nation-state holder of the asset with 6,714 Bitcoin worth around $642 million, according<\/a> to the National Bitcoin Office.<\/p>\n Source: <\/em>Simon Gerovich<\/em><\/a><\/p>\n The Japanese investment firm also reported a Bitcoin Yield<\/a>, which measures the ratio of percentage change in Bitcoin holdings per fully diluted share, of 38% for the current quarter to date. The firm achieved a BTC Yield of 95.6% during the first quarter of 2025.\u00a0<\/p>\n Related: <\/strong><\/em>Trump\u2019s US-China trade deal could shed light on Bitcoin\u2019s use case<\/strong><\/em><\/a><\/p>\n Metaplanet has been more aggressive in its accumulation of the asset in recent months, with a purchase of 5,555 Bitcoin on May 7<\/a>, four purchases in April totaling 18,586 BTC, and six purchases in March totaling 18,925 BTC, each buy larger than the previous.\u00a0<\/p>\n Metaplanet BTC purchase disclosure. Source: <\/em>Metaplanet<\/em><\/a><\/p>\n The firm is the largest holder of Bitcoin in Asia and the tenth largest globally, according<\/a> to BiTBO.\u00a0<\/p>\n Meanwhile, Michael Saylor hinted at another purchase by his firm, Strategy, on May 12, by posting<\/a> a screenshot of the \u201cSaylor Tracker\u201d chart, which tracks the firm\u2019s Bitcoin treasury portfolio. \u201cConnect the dots,\u201d was the accompanying comment.\u00a0<\/p>\n Source: <\/em>Michael Saylor<\/em><\/a><\/p>\n Saylor has made similar Monday posts<\/a> with a cryptic comment many times in the past, which have been followed by a BTC acquisition announcement.\u00a0<\/p>\n Strategy currently holds 555,450 BTC worth around $57.8 billion at current prices, according<\/a> to the tracker.\u00a0<\/p>\nSaylor hints at another buy\u00a0<\/h2>\n