Metaplanet President: The company plans to accumulate 210,000 bitcoins by 2027

ChainCatcher news, according to Bitcoin Magazine, Simon Gerovich, the president of the Japanese listed company Metaplanet, emphasized the achievements the company has made in its 16 months of operation as a Bitcoin reserve company during a special shareholders' meeting. He outlined the company's plan to accumulate 210,000 Bitcoins by 2027—accounting for 1% of the total supply. To achieve this goal, the company plans to launch two new financial products—Metaplanet Preferred Shares (Metaplanet Prefs). This perpetual preferred stock is similar to the product issued by Strategy in March 2025, aimed at assisting the company in acquiring Bitcoin.

Previously, Metaplanet shareholders approved three resolutions at an extraordinary shareholders' meeting: increasing the total number of authorized shares, allowing for the convening of a virtual shareholders' meeting, and establishing new terms for perpetual preferred shares.