Japanese investment firm Metaplanet has added another $129 million to its Bitcoin treasury, pushing its total holdings past the Bitcoin-stacking country of El Salvador. “Metaplanet now holds more Bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we’re just getting started,” said CEO Simon Gerovich on X after the latest purchase announcement. On May 12, the Tokyo-listed firm announced that it had acquired 1,241 Bitcoin (BTC) for 14.8 million yen ($101,843) per coin.The total buy, at its highest ever purchase price, is worth around $129 million at current market prices. This brings the firm’s total holdings to 6,796 Bitcoin, currently worth around $707 million, and the average purchase price is $91,000 per Bitcoin. Metaplanet started its BTC accumulation strategy in April 2024. El Salvador is the sixth-largest nation-state holder of the asset with 6,714 Bitcoin worth around $642 million, according to the National Bitcoin Office.Source: Simon GerovichThe Japanese investment firm also reported a Bitcoin Yield, which measures the ratio of percentage change in Bitcoin holdings per fully diluted share, of 38% for the current quarter to date. The firm achieved a BTC Yield of 95.6% during the first quarter of 2025. Related: Trump’s US-China trade deal could shed light on Bitcoin’s use caseMetaplanet has been more aggressive in its accumulation of the asset in recent months, with a purchase of 5,555 Bitcoin on May 7, four purchases in April totaling 18,586 BTC, and six purchases in March totaling 18,925 BTC, each buy larger than the previous. Metaplanet BTC purchase disclosure. Source: MetaplanetThe firm is the largest holder of Bitcoin in Asia and the tenth largest globally, according to BiTBO. Saylor hints at another buy Meanwhile, Michael Saylor hinted at another purchase by his firm, Strategy, on May 12, by posting a screenshot of the “Saylor Tracker” chart, which tracks the firm’s Bitcoin treasury portfolio. “Connect the dots,” was the accompanying comment. Source: Michael SaylorSaylor has made similar Monday posts with a cryptic comment many times in the past, which have been followed by a BTC acquisition announcement. Strategy currently holds 555,450 BTC worth around $57.8 billion at current prices, according to the tracker. Magazine: Bitcoin eyes ‘crazy numbers,’ JD Vance set for Bitcoin talk: Hodler’s Digest