Metaplanet Overtakes El Salvador in Bitcoin Reserves
Date: 2025-05-12 Author: Gabriel Deangelo Categories: BUSINESS
Japanese investment and consulting company Metaplanet continues to actively buy bitcoins and recently overtook El Salvador in the amount of BTC on its balance sheet. This news was announced by the company's CEO on the social network X, emphasizing that the company's strategy is inspired by the approach of MicroStrategy, which has long established itself as one of the largest corporate holders of bitcoins.
Metaplanet joined the bitcoin race in April 2024 and has managed to achieve significant results in just one year. While the exact amount of BTC under the company’s control is not disclosed, public data from the treasuries.bitbo platform shows that Metaplanet has already surpassed El Salvador, which holds 6,089 bitcoins in its reserves, worth over $634 million. This is about 0.029% of the total cryptocurrency supply.
For comparison, MicroStrategy, now known as Strategy, holds 555,450 BTC, equivalent to about 2.6% of all bitcoins in circulation. The company shows no signs of slowing down and continues to increase its crypto assets, especially since the end of 2024. Founded by Michael Saylor, Strategy initially chose bitcoin as its main asset for protecting capital from inflation and strengthening financial stability.
Metaplanet’s decision to follow suit illustrates a growing trend among institutional investors. Companies around the world are increasingly considering cryptocurrencies as long-term investments and including them in their portfolios. The rapid growth of Bitcoin's value is also contributing to this interest, encouraging new companies to take similar actions.
Metaplanet, following in the footsteps of Strategy, demonstrates confidence in the future of digital assets. Surpassing El Salvador, the first country in the world to recognize Bitcoin as legal tender, was a symbolic achievement for the Japanese firm, which was just starting out in the world of crypto investments a year ago.
