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Metaplanet now holds more Bitcoin than El Salvador

cryptoweekly by cryptoweekly
May 12, 2025
in bitcoin, News
0

Japanese investment firm Metaplanet now holds 6,796 Bitcoin, currently worth more than $700 million.

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.

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Recent Posts
  • Bitcoin as corporate treasury: Why Meta, Amazon and Microsoft all said no
  • Solana DEX Jupiter suspends DAO voting until 2026 to focus on DeFi growth
  • XRP onchain data shows why $3 is out of reach for now
  • Thai SEC begins consideration to allow CEXs to their own tokens
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  • BlackRock ETF scoops up 3.25% of Bitcoin supply as ‘new money’ dries up

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