On May 12, 2025, Metaplanet Inc., a Tokyo-based investment firm often referred to as “Asia’s MicroStrategy,” announced the acquisition of 1,241 Bitcoin (BTC) for ¥18.42 billion (approximately $126.7 million). This latest purchase elevates Metaplanet’s total Bitcoin holdings to 6,796 BTC, surpassing El Salvador’s national reserves of 5,995 BTC, which were valued at $562 million as of December 2024.
*Metaplanet Acquires Additional 1,241 $BTC* pic.twitter.com/zrJYzaZJq6
— Metaplanet Inc. (@Metaplanet_JP) May 12, 2025
Metaplanet Surpasses El Salvador’s Holdings
Metaplanet’s official notice detailed that the 1,241 BTC was acquired at an average price of $102,119 per Bitcoin, contributing to a cumulative investment of $608.2 million across its entire Bitcoin portfolio. The average purchase price for its 6,796 BTC now stands at $89,492 per BTC.
This acquisition follows a series of purchases in 2025, including 319 BTC on April 14 for $26.3 million and 497 BTC on March 5 for $43.9 million, highlighting Metaplanet’s consistent accumulation strategy.
The company also reported a BTC Yield of 38.0% for the first quarter of 2025 (January 1 to March 31), a key performance indicator that measures the percentage change in the ratio of Total Bitcoin Holdings to Fully Diluted Shares Outstanding. This metric reflects the net Bitcoin accretion, excluding dilution effects.
Since adopting its Bitcoin strategy in July 2024, Metaplanet has achieved impressive yields, with 41.7% from July to September 2024 and 309.8% from October to December 2024, demonstrating the financial impact of its approach.
Metaplanet Stock Surged over 15x in the Past Year
Metaplanet began its Bitcoin treasury operations in May 2023, and its holdings have grown steadily, from 908.832 BTC on September 30, 2024, to 1,761.988 BTC by December 31, 2024, and now to 6,796 BTC.
The firm has funded these acquisitions through strategic financing, including a $25 million interest-free bond issuance in 2025, signaling a long-term commitment to Bitcoin.
This aggressive accumulation has significantly boosted its stock price, which surged over 15x in the past year, as reported by BeInCrypto on May 7, 2025.
Surpassing El Salvador’s Bitcoin holdings marks a symbolic milestone. El Salvador, which adopted Bitcoin as legal tender in 2021, has been a prominent national adopter of the cryptocurrency. Metaplanet’s 6,796 BTC, valued at approximately $656 million at Bitcoin’s current price of $96,600, highlights the scale of corporate adoption compared to state-led initiatives.
