Metaplanet, an investment firm based in Japan, recently acquired 1,241 Bitcoin (BTC) for about $126.7 million. This purchase has boosted Metaplanet's Bitcoin holdings above that of El Salvador, solidifying its position as one of the largest institutional holders of the cryptocurrency.

According to a company announcement, Metaplanet bought more Bitcoin at an average price of around $102,119 (equivalent to 14,848,061 yen) per coin. This has increased its total BTC holdings to 6,796, up from 5,555 BTC just last week.

Since starting to accumulate Bitcoin in April 2024, Metaplanet now holds more Bitcoin than El Salvador's national reserves, surpassing the country by 622 BTC. Metaplanet CEO Simon Gerovich emphasized their growing commitment to Bitcoin, disclosing an investment of approximately $608.2 million, translating to a current value of around $706.8 million with a 16.2% unrealized profit.

Metaplanet has seen a 170.0% year-to-date BTC Yield in 2025, indicating growth in Bitcoin holdings per fully diluted share. Gerovich also highlighted a 38.0% BTC Yield for the current quarter, signaling continued value creation for shareholders through their treasury strategy.

Following this news, Metaplanet's stock (3350.T) rose by 3.8% in trading on Monday. The firm's stock value has surged significantly since its BTC accumulation began, indicating investor confidence in its Bitcoin-focused approach.

Metaplanet's strategy parallels that of US-based Strategy (formerly MicroStrategy), known for its corporate Bitcoin accumulation. An analyst suggested that Metaplanet may offer even greater upside potential relative to Bitcoin's price growth. In an analysis, it was projected that at a $120,000 BTC price, Metaplanet's stock could double, outpacing Strategy's 1.6x increase. At $150,000, Metaplanet could experience a 4.5x surge compared to Strategy's 3.0x gain, presenting significant growth potential.