Metaplanet Takes the Helm: Outperforming El Salvador in Bitcoin Holdings

Japanese investment firm Metaplanet has made a bold move in the cryptocurrency market, exceeding El Salvador’s Bitcoin holdings by acquiring an additional 1,241 BTC worth approximately $129 million. This latest purchase brings Metaplanet’s total stash to 6,796 Bitcoin, valued at around $707 million – a figure surpassing El Salvador’s 6,714 BTC worth roughly $642 million. The announcement came on May 12th, with Metaplanet confirming the buy at an average price of $101,843 per Bitcoin, marking its highest purchase rate yet.