Metaplanet, which is a Japanese investment company, has finally surpassed the bitcoin holdings, as it is consistently following the accumulation strategy for crypto. The firm informed on May 12 that they purchased more 1,241 Bitcoin for the value of $129 million during the time of purchase. This buy made the total count to 6796. At the current market prices, this stock is above the value of $706 million. The coin is currently trading at $105,316, with an increase of 1.44% in a day as per the reports of CoinMarketCap.
The company started purchasing first in April 2024. Within just a year, the organisation has gone from holding 0 BTC to owning more than some countries. CEO Simon Gerovich celebrated the achievement by posting on social media X (formerly Twitter), saying, “Metaplanet now holds more BTC than El Salvador. From humble beginnings to rivaling nation-states, we’re just getting started.”
El Salvador, in 2021 when it became the first nation to make Bitcoin a legal tender, has approximately 6,714 BTC in reserves, as the National Bitcoin Office reports. That's roughly $642 million by today's worth, less than Metaplanet's hoard.
Source; Simon Gerovich X (Twitter)
The latest purchase wasn’t a one-off. The company has been on a serious buying spree throughout 2025. It bought 5,555 BTC on May 7 alone and made four large purchases in April, totaling over 18,500 BTC. In March, it added nearly 19,000 coins through six separate transactions. Each buy has been larger than the last.
To fund these big moves, Metaplanet has been issuing bonds. Its latest bond sale, announced just days before the May 12 purchase, raised $21.25 million. This marks the 14th bond sale for the firm, showing just how committed it is to expanding its Bitcoin reserves.
The organisation has a clear goal, it wants to reach 10,000 coins by the end of 2025. At the current pace, the firm is already more than halfway there. According to data from Bitcointreasuries.net, Metaplanet is now the largest holder in Asia and the 11th largest in the world among public companies.
The firm also reported a 38% Yield for the current quarter, a metric that tracks how its holdings grow relative to its shares. In the first quarter of 2025, this yield was even higher at 95.6%.
While Metaplanet is making headlines, Michael Saylor, chairman of Strategy (formerly known as MicroStrategy), is also stirring the pot. On the same day Metaplanet announced its purchase, Saylor hinted at another buy from his firm. He shared a cryptic post with a chart showing Strategy’s holdings and wrote, “Connect the dots.”
Strategy is still far ahead, holding a massive 555,450 BTC worth about $57.8 billion, making it the largest corporate holder globally.
Metaplanet’s rise shows that this digital currency is not just for tech companies and crypto startups anymore. Traditional firms in places like Japan are stepping in with serious money. With goals to hold 10,000 coins and growing investor interest, it is on track to become one of the top players in the global cryptocurrency scene.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.