Metaplanet now holds more Bitcoin than El Salvador
Summary
Metaplanet, a Japanese investment firm, has increased its Bitcoin holdings by $129 million, surpassing El Salvador's total. The firm now holds 6,796 Bitcoin, valued at approximately $707 million, with an average purchase price of $91,000 per Bitcoin. Metaplanet began accumulating Bitcoin in April 2024 and reported a Bitcoin Yield of 38% for the current quarter, with a previous yield of 95.6% in Q1 2025. Recent purchases include 5,555 Bitcoin on May 7 and multiple acquisitions in April and March, making it the largest Bitcoin holder in Asia and the tenth largest globally. Michael Saylor hinted at a potential purchase by his firm, Strategy, which currently holds 555,450 Bitcoin worth around $57.8 billion.