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Metaplanet now holds more Bitcoin than El Salvador

cryptoweekly by cryptoweekly
May 12, 2025
in bitcoin, News
0

Japanese investment firm Metaplanet now holds 6,796 Bitcoin, currently worth more than $700 million.

Japanese investment firm Metaplanet has added another $129 million to its Bitcoin treasury, pushing its total holdings past the Bitcoin-stacking country of El Salvador. 

“Metaplanet now holds more Bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we’re just getting started,” said CEO Simon Gerovich on X after the latest purchase announcement. 

On May 12, the Tokyo-listed firm announced that it had acquired 1,241 Bitcoin (BTC) for 14.8 million yen ($101,843) per coin.

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  • DeFi lending TVL is outpacing DEXs due to more sustainable yield — VC
  • Uniswap becomes first DEX to hit $3T in all-time volume
  • Feds deny late disclosure of evidence in Samourai Wallet case
  • Metaplanet now holds more Bitcoin than El Salvador
  • Teens kidnap Las Vegas man at gunpoint, stealing $4M in crypto
  • Stablecoin bill gets second chance with Northern Mariana lawmakers
  • Trump’s US-China trade deal could shed light on Bitcoin’s use case

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