Metaplanet Tops El Salvador’s Bitcoin Holdings After Recent Purchase

With a recent purchase of 1,241 bitcoins, Japanese investment firm Metaplanet now owns more bitcoins than El Salvador. Based on the company report published on May 12, 2025, Metaplanet holds 6,796 bitcoins worth over $610 million (90 billion Japanese yen).

Emphasizing the company’s new record, Metaplanet CEO Simon Gerovich said the firm is now competing with nation-states in terms of Bitcoin holdings.

Metaplanet, a publicly traded company listed on the Tokyo Stock Exchange, follows a strategy of holding Bitcoin as its primary reserve asset to boost shareholder value. In early 2025, the company announced plans to raise around $745.5 million (116 billion yen) through bond issuance to expand its Bitcoin portfolio. 

Metaplanet aims to reach 10,000 bitcoins by the end of 2025 and 21,000 by the end of 2026.

Currently, the company is the largest Asian corporate Bitcoin holder. Globally, it ranks 11th, following Strategy (formerly MicroStrategy), MARA Holdings, XXI, Riot Platforms, Galaxy Digital Holdings, and others.

In the last 24 hours, the price of Metaplanet Inc. stock (3350.T) has risen by about 5% and currently trades at $3.72 (550 yen).

Corporate Bitcoin Strategy Continues to Gain Momentum 

Institutions are increasingly incorporating Bitcoin into their financial strategies, recognizing its potential as a hedge against inflation and currency debasement.

While early adopters like Strategy and Tesla have drawn attention, the broader trend reflects growing institutional interest in diversifying reserves and exploring alternative stores of value.

Ongoing regulatory developments worldwide have increased investor confidence in Bitcoin as a legitimate investment asset. In March 2025, Japan’s Liberal Democratic Party (LDP) proposed developing a new regulatory framework for the crypto industry that separates the asset class from securities.

In the US, crypto regulations have entered a new phase of discussion after Donald Trump’s victory in the presidential election. The new administration has adopted a crypto-friendly approach aimed at supporting industry growth.

As regulations mature and market confidence strengthens, corporations continue expanding their Bitcoin holdings, with many viewing it as a long-term strategic asset.