Metaplanet’s $127M Bitcoin Buy Tops El Salvador’s Holdings

Jimmy Aki
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On May 12, Metaplanet, a Japan-based investment firm, announced in a company release that it had purchased an additional 1,241 Bitcoins for roughly $126.7 million, paying an average of $102,119 per coin.

With this move, Metaplanet now holds 6,796 BTC, officially overtaking El Salvador’s national treasury holding of 6,174 BTC.

At a market price near $104,000, the stash carries a value of about $706.8 million and shows an unrealized gain of 16.2%.

https://twitter.com/Metaplanet_JP/status/1921763214448058482

Can Metaplanet Hit Its 2025 BTC Target?

Metaplanet has set a bold goal of holding 10,000 Bitcoins by 2025 year-end.
The company’s Bitcoin holding strategy, launched in April 2024, already generates outsized returns for shareholders.

The company measures success via the “BTC Yield” metric – the change in Bitcoin holdings per share.

This year-to-date metric stands at 170%, with a second-quarter yield of 38%. For context, Bitcoin’s total market capitalization reached $2 trillion in early 2025.

Investors are taking notice. After the announcement, Metaplanet’s stock jumped 3.8%. The company’s stock trades are 15X higher than they were 13 months ago.

Chief Executive Simon Gerovich summarized the latest Bitcoin milestone simply.

“From humble beginnings to rivaling nation-states, we’re just getting started.”

Metaplanet now ranks as Asia’s largest corporate holder of Bitcoin and the tenth-largest corporate holder worldwide.

Analysts see further upside for the Tokyo-listed investment firm with its Bitcoin acquisition strategy.

Analysts predict more growth for the Tokyo-listed firm. Using a ballistic acceleration model, one researcher suggests a Bitcoin price of $120,000 could double Metaplanet’s share price.

Compare that to MicroStrategy, which would see only a 1.6x lift from the same price jump.

Having set a 10,000 BTC goal by the end of 2025, Metaplant appears poised to exceed it at the current acquisition rate.

Will Bitcoin Become the Ultimate Treasury Asset?

The corporate race to hold the scarcer-than-gold asset continues, and Strategy remains the leading institution.

It controls 555,450 BTC, valued at about $58 billion. But founder Michael Saylor isn’t resting on this lead.

His recent cryptic “connect the dots” tweet hints at another big buy.

https://x.com/saylor/status/1921535991002579297

Saylor isn’t just accumulating Bitcoin for his own company. He’s on a mission to convince the world’s biggest institutions to follow suit.

He has publicly called on Meta and even presented to Microsoft’s board to persuade them to add Bitcoin to their balance sheets.

The Strategy Chairman also urged the United States to secure 20% of Bitcoin’s total supply as a reserve, arguing the move would strengthen the dollar and help pay off the national debt.

Meanwhile, nation-states aren’t backing down either. Despite pressure from the IMF to soften its Bitcoin policies, El Salvador remains steadfast.

Though the IMF’s latest loan agreement made Bitcoin acceptance optional for businesses, President Nayib Bukele hasn’t wavered.

His administration continues purchasing at least one Bitcoin daily, proving the country’s long-term commitment to crypto.

About Jimmy Aki PRO INVESTOR

Based in the UK, Jimmy is an economic researcher with outstanding hands-on and heads-on experience in Macroeconomic finance analysis, forecasting and planning. He has honed his skills having worked cross-continental as a finance analyst, which gives him inter-cultural experience. He currently has a strong passion for regulation and macroeconomic trends as it allows him peek under the global bonnet to see how the world works.