Tokyo-Listed Company Metaplanet Overtakes El Salvador in Bitcoin Reserves, Adding 1,241 BTC to Treasury ⋆ ZyCrypto
The post Tokyo-Listed Company Metaplanet Overtakes El Salvador in Bitcoin Reserves, Adding 1,241 BTC to Treasury ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
Advertisement     Metaplanet (3350.T), a Tokyo-listed investment firm, added $129 million worth of Bitcoin to its treasury, surpassing that of El Salvador, a country well known for embracing crypto and storing up reserves. El Salvador owns 6,174 BTC, while Metaplanet now owns 6,796 BTC. Metaplanet owns 622 BTC more than the nation state of El Salvador. Simon Gerovich, CEO of Metaplanet, announced the news on X, stating that the company is now competing with nation states. The latest acquisition totals $129 million at current market prices, which amounts to 1,241 BTC at around $102,000 per token, for a local price of ¥14.8 million. The Metaplanet treasury now totals 6,796 BTC. The average price of these holdings is $91,000 per Bitcoin. The treasury commenced in April 2024. The company now has a treasury worth around $707 million. The latest acquisition is the largest purchase to date. Metaplanet is the largest public company holding Bitcoin in Asia, ranked 11th worldwide. BTC Yield, a Key Performance Indicator (KPI) developed by Metaplanet, stands at 38% Q2. The KPI measures Bitcoin accumulation per share, which indicates the current Bitcoin holdings’ impact on shareholder value. BTC Yield hit 95.6% in Q1 2025 and 309.8% in Q4 2024. Metaplanet aims to hold 10,000 BTC by the end of 2025. They still have a long way to go, holding around 6,000 BTC. However, the goal seems to motivate the company to unite and achieve a specific target. This is not to mention the added publicity that ultimately benefits a publicly listed company. However, this pales compared to Michael Saylor’s Strategy (MSTR), which holds a massive 555,000 BTC. Gerovich highlighted the company’s commitment to Bitcoin investment, stating that Metaplanet invested around $600 million worth of Bitcoin, which, according to current prices, is worth around $700 million. The profit…
Filed under: News - @ May 12, 2025 3:27 pm