Japanese investment firm Metaplanet has officially overtaken El Salvador in total Bitcoin reserves following its latest acquisition of 1,241 BTC—valued at approximately $126.7 million. The purchase, executed at an average price of $102,119 per coin, was confirmed in a public statement by CEO Simon Gerovich.
With this move, the Tokyo-listed company now holds 6,796 BTC, acquired at a total cost of $608.2 million. At current market prices, Metaplanet’s Bitcoin portfolio is worth over $706 million—surpassing El Salvador’s state-owned reserve of 6,174 BTC.
Often likened to Strategy (formerly MicroStrategy) for its bold Bitcoin treasury strategy, Metaplanet has rapidly emerged as Asia’s leading corporate BTC holder.
“From humble beginnings to rivaling nation-states, we’re just getting started,” Gerovich said in a follow-up statement.
While El Salvador remains the most prominent sovereign Bitcoin holder, Metaplanet’s milestone underscores the growing influence of publicly traded companies in Bitcoin’s institutional adoption narrative.
Metaplanet Eyes 10,000 BTC Target by 2025
Metaplanet’s aggressive accumulation strategy, launched in April 2024, shows no signs of slowing. With the latest purchase, the firm has now surpassed the halfway point toward its goal of acquiring 10,000 BTC by the end of 2025.
To fuel its buying spree, Metaplanet has leaned heavily on capital markets, most recently issuing its 14th ordinary bond to raise $21.25 million for further Bitcoin purchases.
The company now ranks as the largest publicly listed Bitcoin holder in Asia and 11th globally, according to Bitcointreasuries.net. Topping the list is Strategy—led by Bitcoin evangelist Michael Saylor—with a staggering 555,450 BTC under management.
Investors appear to back Metaplanet’s long-term vision. The company’s shares rose 3.82% during Monday’s session on the Tokyo Stock Exchange, reflecting market approval of its BTC-centric strategy.
Corporate Bitcoin Buying Accelerates Across Global Markets
Metaplanet’s rapid rise reflects a broader institutional shift toward Bitcoin as a treasury asset. Once limited to niche players like Strategy, corporate BTC accumulation has become an increasingly mainstream tactic for firms seeking inflation hedges, financial sovereignty, and treasury diversification.
Stablecoin issuer Tether has confirmed continued allocation of excess reserves into Bitcoin, further entrenching BTC as a foundational reserve asset. Meanwhile, newcomers like Twenty One are entering the space with innovative investment structures, including ETFs and bond-backed purchases, driving new institutional capital into the crypto market.
Analysts suggest this wave of corporate demand—especially when paired with ETF inflows and high-profile balance sheet adoption—could intensify Bitcoin’s liquidity constraints and amplify its future price cycles. For companies like Metaplanet, the bet is clear: Bitcoin is not just a store of value, but a strategic asset with transformative potential.
Quick Facts
- Metaplanet acquired 1,241 BTC at an average price of $102,119, raising its total holdings to 6,796 BTC.
- The firm has now surpassed El Salvador’s 6,174 BTC, becoming a larger holder than the nation-state.
- Metaplanet aims to reach 10,000 BTC by the end of 2025, funding purchases through recurring bond issuances.
- Shares rose 3.82% on the Tokyo Stock Exchange following the announcement, signaling strong investor confidence.
