Metaplanet, a Tokyo-based firm, has pushed its Bitcoin purchase goal far beyond earlier plans. As of June 6, the company holds 8,888 BTC. Now, it wants to hold 100,000 BTC by the end of 2026. That’s a big leap from its old aim of 21,000 BTC for that same date.

According to the CEO, Simon Gerovich, Metaplanet will issue up to 555 million new shares to back this drive. The plan covers about 18 months and will require buying roughly 91,112 more BTC.

Based on reports, Metaplanet’s earlier target was to own 21,000 BTC by late 2026. Now, Gerovich says they will aim for 100,000 BTC instead. The company already announced buying 1,088 BTC on June 2, bringing holdings to 8,888 BTC.

*Metaplanet Issues 555 Million Shares of Moving-Strike Warrants, Expected Proceeds: ~$5.4b to Buy Additional $B

See Full Page