The post Metaplanet Surpasses El Salvador in Bitcoin Holdings appeared on BitcoinEthereumNews.com.

Metaplanet’s overall Bitcoin holding now reaches 6,796, with a worth of around $707 million.  The National Bitcoin Office data reveals that El Salvador has 6,714 Bitcoins worth $642 million.  Simon Gerovich’s Metaplanet has once again added Bitcoins to its treasury. The firm purchased 1,241 Bitcoins for 14.8 million yen ($101,843) per coin, adding another $129 million to its treasury.  After this holding, the company holds more Bitcoin than the crypto-friendly country, El Salvador. The news was broken by the chief executive officer of Metaplanet on X, stating that Metaplanet now has more Bitcoin than El Salvador, and the company started from scratch and is now competing with nation states.  He further went on to add that, “We are just getting started.” The purchase price is the highest of all time and is estimated at around $129 million at current market prices. The company’s overall Bitcoin holding now reaches 6,796, with a worth of around $707 million.  The Aggressive Accumulation Strategy Last year in April, Metaplanet introduced its BTC accumulation strategy, and since then, it has never stopped buying the asset. The National Bitcoin Office data reveals that El Salvador has 6,714 Bitcoins worth $642 million, which makes it the sixth-largest nation-state holder of BTC.  Before this purchase, the firm had made one purchase this month, four purchases last month, and six purchases in March, totaling 5,555 BTC, 18,586 BTC, and 18,925 BTC, respectively.  The BiTBO report suggests that Metaplanet is the biggest Bitcoin holder in Asia and the tenth biggest on a global level.  The leading position is held by MicroStrategy, which holds around 555,450 BTC whose worth is estimated $57.8 billion as per the current price.  Metaplanet also listed a Bitcoin Yield, which is responsible for measuring the ratio of percentage change in Bitcoin holdings per fully diluted share,…

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Filed under: News - @ May 12, 2025 10:28 am