Metaplanet CEO Simon Gerovich announced plans to acquire 210,000 BTC by 2027, while shareholders approved structural changes including increased authorized shares, virtual meetings, and perpetual preferred share provisions.
Metaplanet CEO Simon Gerovich disclosed at a special shareholder meeting that the company intends to purchase 210,000 BTC, equal to 1% of total supply, by 2027. To support this strategy, Metaplanet will issue perpetual preferred shares (Metaplanet Prefs), modeled after a similar product introduced in 2025. Shareholders approved related resolutions, including raising authorized shares, enabling virtual shareholder meetings, and establishing permanent provisions for perpetual preferred shares.