Metaplanet Bitcoin Holdings surpasses the Kingdom of Bhutan, the competition for encryption asset reserves intensifies.

The Tokyo-listed company Metaplanet, with its aggressive Bitcoin accumulation strategy, has surpassed the sovereign nation of Bhutan in terms of Holdings value, becoming one of the world’s leading institutional Bitcoin holders.

🔥 Metaplanet: Bitcoin-first strategy, Holdings valued at 1.7 billion dollars

• Latest Disclosure: Metaplanet recently increased holdings by 2,205 BTC (valued at approximately 238.7 million USD).
• Total Holdings surged to 15,555 BTC, valued at approximately 1.7 billion USD (22.58 billion JPY) at the current market price.
• This holdings amount has surpassed the Kingdom of Bhutan with nearly 13,000 BTC (valued at approximately 1.3 billion USD) in sovereign Bitcoin reserves.
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• The company’s CEO Simon Gerovich made it clear on social media: “Metaplanet is Bitcoin-first, Bitcoin-only! Our current sole focus is to accumulate as much Bitcoin as possible.”
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• Ambitious Goal: The Metaplanet plans to hold 100,000 BTC by 2026 and reach 210,000 BTC by 2027, indicating its continued institutional-level Bitcoin allocation.
• Expansion Strategy: The company is exploring the use of its large Bitcoin reserves to develop new businesses, including possibly acquiring a digital banking license. Its trading volume reached up to $12.8 billion in June, even surpassing Japanese giants like Toyota and Sony.

🏔 Kingdom of Bhutan: Sovereign Cryptocurrency Asset Reserves and Green Mining Pioneer

• Despite being surpassed by Metaplanet, Bhutan still ranks third among sovereign nations in terms of national Bitcoin reserves with 13,000 BTC (approximately $1.3 billion) in holdings (only behind the United States and China).
• Strategic Shift: Bhutan has announced a long-term holding of its Bitcoin reserves, viewing it as a “strategic cryptocurrency asset for the future of the kingdom,” abandoning the previous practice of selling Bitcoin to supplement its finances.
• Green Bitcoin Mining Model: Bhutan’s journey in Bitcoin began in 2019-2020, led by Druk Holding & Investments, which is controlled by the royal family and the state. The country fully utilizes its abundant renewable energy (hydropower) for Bitcoin mining, collaborating with companies like Bitdeer and Green Digital to effectively reduce mining operational costs and minimize carbon footprint, becoming a representative of sustainable crypto mining.
• Cryptocurrency Innovation Application: Bhutan collaborates with DK Bank and other companies to create the world’s first national cryptocurrency tourism payment system. Tourists can now use cryptocurrency payments for almost all travel expenses in Bhutan.

📈 Conclusion: The Reserve Race Between Crypto Giants and Sovereign Nations

Metaplanet has successfully surpassed the Kingdom of Bhutan in Bitcoin Holdings, showcasing the effectiveness of its aggressive Bitcoin accumulation strategy. Meanwhile, the Kingdom of Bhutan continues to solidify its unique leadership position in the global cryptocurrency space through its long-term holding strategy, green Bitcoin mining practices, and innovative crypto payment infrastructure. This competition for crypto asset reserves between institutions and nations is ongoing, with both parties setting ambitious Bitcoin accumulation goals.