Metaplanet Purchases Record 1,200 BTC for $125 Million, Overtaking El Salvador as Top Bitcoin Holders

Japan’s Metaplanet has made its biggest Bitcoin purchase yet, acquiring a substantial 1,200 Bitcoin (BTC) worth $125 million. This move surpasses the holdings of El Salvador, the first country to adopt Bitcoin as legal tender, and signals Metaplanet’s commitment to long-term Bitcoin accumulation. This strategy aligns with the approach of companies like MicroStrategy, using BTC as a treasury reserve asset for stability. 1,200 BTC acquisition puts Metaplanet in a unique position among leading crypto players.