TLDR
Metaplanet acquired 1,241 BTC for $126.7 million, bringing total holdings to 6,796 BTC
The Japanese firm now holds 622 more BTC than El Salvador’s national reserves
Metaplanet has achieved 170% BTC Yield year-to-date in 2025 with 16.2% unrealized profit
Company stock has surged 15x since beginning Bitcoin acquisitions in April 2024
Analysts project stronger upside for Metaplanet compared to Strategy (formerly MicroStrategy)
Metaplanet, a Japan-based investment firm, has purchased 1,241 Bitcoin (BTC) for $126.7 million at an average price of $102,119 per coin. This latest acquisition brings the company’s total holdings to 6,796 BTC, exceeding El Salvador’s national reserves of 6,174 BTC by 622 coins.
The purchase marks a key milestone for Metaplanet. The firm has now surpassed a nation-state in Bitcoin ownership.
“Metaplanet now holds more Bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we’re just getting started,” Metaplanet CEO Simon Gerovich stated in a post.
Metaplanet has acquired 1241 BTC for ~$126.7 million at ~$102,119 per bitcoin and has achieved BTC Yield of 170.0% YTD 2025. As of 5/12/2025, we hold 6796 $BTC acquired for ~$608.2 million at ~$89,492 per bitcoin. $MTPLF pic.twitter.com/KXNWl5Hg0d
— Simon Gerovich (@gerovich) May 12, 2025
The Japanese company began its Bitcoin strategy in April 2024. Since then, it has invested approximately $608.2 million in the cryptocurrency.
At the current BTC price of about $104,003, Metaplanet’s holdings are valued at roughly $706.8 million. This represents a 16.2% unrealized profit on their investment.
Racing Toward 10,000 BTC
Metaplanet is quickly approaching its goal of owning 10,000 BTC by the end of 2026. The company recently announced plans to issue its 13th Series of Ordinary Bonds.
These bonds aim to raise $25 million for future Bitcoin purchases. They are being issued at 0% interest through the company’s EVO FUND.
The firm’s BTC Yield metric shows impressive growth. Year-to-date in 2025, Metaplanet has achieved a 170% BTC Yield.
For the current quarter alone—April 1 to May 12, 2025—the BTC Yield stands at 38%. This metric tracks the growth in Bitcoin holdings per fully diluted share.
Investors have responded positively to Metaplanet’s Bitcoin strategy. The company’s stock rose 3.8% following the latest purchase announcement.
Since adopting its Bitcoin-focused approach, Metaplanet shares have surged approximately 15 times in value. Some reports indicate gains as high as 1,700% since mid-2024.
In 2025 alone, the stock has increased by more than 51%. This performance signals strong investor confidence in the company’s cryptocurrency strategy.
Market analysts see greater potential in Metaplanet compared to Strategy (formerly MicroStrategy). Strategy was the first major corporation to adopt Bitcoin as a treasury asset.
According to one analyst’s model, at a Bitcoin price of $120,000, Metaplanet stock could double in value. Strategy shares might rise by 1.6x in the same scenario.
At $150,000 per Bitcoin, Metaplanet could see a 4.5x surge compared to Strategy’s 3.0x gain. This “asymmetric upside” makes Metaplanet an attractive option for investors seeking Bitcoin exposure.
The broader Bitcoin market is showing strength. BTC price recently climbed to $105,000 amid positive US-China trade talks.
Whale activity has also increased. One major investor reportedly purchased 1,721 BTC worth approximately $179 million over a two-day period.
Market analyst Joe Consorti has observed a correlation between Bitcoin’s price movement and the Global M2 Money Supply with a 70-day lag. While M2 is considered a “poor measure of money supply,” the trend remains interesting to watch.
As Metaplanet continues its Bitcoin acquisition strategy, it aims to challenge other major institutional holders like Coinbase and Block Inc.
