On September 1, 2025, Metaplanet hosted an EGM in the heart of Tokyo.

At the event, the Metaplanet’s president, Simon Gerovich, highlighted the successes the company has had in its 16 months operating as a bitcoin treasury company and laid out the company’s plan for acquiring 210,000 bitcoin — 1% of the total supply — by 2027.

This vision includes issuing two versions of a new financial product — Metaplanet Prefs, perpetual preferred stock offerings that resemble the type that Strategy rolled out in March 2025 — in efforts to acquire said bitcoin.

Metaplanet’s Milestones

Gerovich commenced the meeting by explaining how Metaplanet pivoted from operating as a…

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