Metaplanet Surpasses El Salvador as One of the Largest Bitcoin Holders

Metaplanet, which is listed in Tokyo, has added nearly $130 million to its Bitcoin reserve to become among the largest holders globally, surpassing El Salvador.

Tokyo-listed Metaplanet has added nearly $130 million in value to its Bitcoin reserve to become among the largest holders globally and surpass El Salvador.

The company says the latest purchase saw it increase its balance by 1,241 BTC to 6,796 coins, just a whisker above the 6,714 coins possessed by the Central American country.

Also Read: Metaplanet's BTC Yield Soars 398% As Tokyo Firm Piles Into Crypto

On May 12, Metaplanet announced it purchased the 1,241 BTC at 14.8 million yen (about $101,843) per coin. That single deal is worth around $129 million at today’s prices.

The firm first started piling into Bitcoin in April 2024. Since then, it has made ever-larger buys each month.

Metaplanet Inc. (@Metaplanet_JP) May 12, 2025

Rising Holdings And Paper Gains

Metaplanet’s per-coin average price paid is currently around $91,000. At that price, the firm is holding a $13,000 profit for each Bitcoin it purchased. With 6,796 coins in its treasury, those profits total a paper profit of over $88 million at current market value of approximately $707 million.

El Salvador is no.6 in the world's largest Bitcoin holders among countries with 6,714 BTC. Among entities, only nine in the world are known to hold more, including Michael Saylor’s Strategy.

Talking of Saylor, the CEO of Strategy teased another buy on May 12 by posting a “Saylor Tracker” chart and stating, “Connect the dots.” His firm already owns 555,450 Bitcoin, which is nearly $58 billion today. In the past, such teases have been preceded by new buys.

A New Chapter For Corporate Treasuries

Metaplanet’s approach showcases how certain companies now view Bitcoin as something more than a wager—they handle it as a staple asset. To investors who have been monitoring institutional adoption, each new owner who creeps past a nation or a big-name company is big news. And in this competition, Metaplanet just outran everyone.