Metaplanet and Strategy Increase Bitcoin Holdings, Surpassing Key Milestones

Highlights:

• Metaplanet has overtaken El Salvador, now holding 6,796 BTC in its portfolio.
• Strategy has acquired an additional 13,390 BTC, increasing its total holdings to 568,840 BTC.
• Both companies are aggressively increasing their Bitcoin holdings.

Japanese investment firm Metaplanet Inc. has bought 1,241 more Bitcoin, raising its total to over 6,700 BTC. A filing on May 12 shows the firm paid an average of ¥14.85 million (about $95,700) per Bitcoin, spending ¥18.4 billion (around $119 million) on this latest purchase. Metaplanet now holds 6,796 BTC at an average cost of ¥13.27 million ($85,600), with a total investment exceeding ¥90.1 billion ($583 million).

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*Metaplanet Acquires Additional 1,241 $BTC* pic.twitter.com/zrJYzaZJq6

— Metaplanet Inc. (@Metaplanet_JP) May 12, 2025

After announcing its latest Bitcoin purchase, Metaplanet shared that it now holds more Bitcoin than El Salvador. CEO Simon Gerovich shared on X that the company, starting from humble beginnings, now rivals entire nations in Bitcoin holdings. He also hinted this is just the start of their plans.

Metaplanet now holds more Bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we’re just getting started.

メタプラネットのビットコイン保有量がついにエルサルバドルを超えました。小さな一歩から始まり、今や国家に匹敵する規模へ。まだまだここからです。 pic.twitter.com/E18Td9tHfc

— Simon Gerovich (@gerovich) May 12, 2025

Metaplanet began its Bitcoin accumulation strategy back in April last year. The National Bitcoin Office reports that El Salvador is the sixth-largest country in terms of Bitcoin holdings, with a total of 6,714 BTC, valued at around $642 million.

The Japanese investment firm shared a measure called Bitcoin Yield, which shows how much the amount of Bitcoin they hold has changed in relation to each share they have. In the current quarter, this change is 38%, meaning their Bitcoin holdings increased by 38% for every share. In the first quarter, the firm saw a bigger increase, with a Bitcoin Yield of 95.6%.

Metaplanet Nears 10,000 BTC Goal

Today’s news comes just a week after the Japanese firm revealed plans to issue its 13th Series of Ordinary Bonds. They aim to raise $25 million to buy more Bitcoin. The company has been using its EVO FUND to issue bonds as part of its strategy to grow its Bitcoin holdings. The firm is getting closer to its goal of having 10,000 BTC in its treasury by the end of 2026.

Metaplanet has ramped up its Bitcoin buying strategy in recent months. On May 7, the firm acquired 5,555 BTC, following four purchases in April totaling 18,586 BTC, and six buys in March amounting to 18,925 BTC. Each of these purchases has been larger than the last. Currently, Metaplanet holds the title of the largest Bitcoin holder in Asia and is ranked tenth worldwide, as reported by BiTBO.

Strategy Acquires 13,390 Bitcoins, Total Holdings Reach 568,840 BTC

As part of its ongoing strategy to accumulate Bitcoin, Strategy, a leading Bitcoin firm, has made a significant new purchase worth over a billion dollars. The company has acquired an additional 13,390 BTC, bringing its total holdings to an impressive $1.34 billion. This acquisition was made at an average price of $99,856 per Bitcoin, further solidifying Strategy’s position in the market.

The company now holds 568,840 BTC after this deal. Remarkably, Strategy’s Bitcoin portfolio represents 2.864% of Bitcoin’s total circulating supply. After the acquisition, Strategy hit its Bitcoin yield goal for this year, Michael Saylor said on X. The purchase increased Strategy’s BTC yield to 15.5%.

Strategy has acquired 13,390 BTC for ~$1.34 billion at ~$99,856 per bitcoin and has achieved BTC Yield of 15.5% YTD 2025. As of 5/11/2025, we hodl 568,840 $BTC acquired for ~$39.41 billion at ~$69,287 per bitcoin. $MSTR $STRK $STRF https://t.co/oSXRMwiTkU

— Michael Saylor (@saylor) May 12, 2025

Strategy hit its 15% Bitcoin yield, but critics still doubt its aggressive Bitcoin buying. Peter Schiff warned of potential issues from the rising average BTC cost in Strategy’s purchases. Schiff responded to Saylor on X, saying, “You [your] next buy will likely push your average cost above $70,000.” He also predicted that a BTC price drop could push the market below that average cost. “Not good considering how much you borrowed to buy the Bitcoin. When you sell, small paper losses will become huge real losses,” Schiff added.

Schiff criticized Strategy after it announced plans to raise $42 billion in equity and $42 billion in debt to buy Bitcoin. Though Schiff often misjudges Bitcoin, some crypto firms are also distancing from Strategy’s aggressive Bitcoin buying strategy.

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