Metaplanet Announces Plan to Accumulate 210,000 BTC by 2027

• Metaplanet plans to accumulate 210,000 BTC by 2027 thanks to new financial instruments.
• To do this, it is launching perpetual preferred shares, Metaplanet Prefs, following the example of Strategy.
• Gerovich stressed that low rates in Japan will contribute to the growth of the cost of the product.

On September 1, 2025, an extraordinary meeting of shareholders of the Japanese investment company Metaplanet was held in Tokyo, where it announced a strategy to increase its bitcoin reserves to 210,000 BTC (1% of the total issue) within two years. This is reported in Bitcoin Magazine.

As a reminder, the company already holds 20,000 BTC, making it the sixth-largest public Bitcoin treasury in the world, according to Bitcoin Treasutries.

Metaplanet CEO Simon Gerovich talks about the transformation of the business – from a troubled hotel chain to one of the largest Bitcoin holders:

“We have exceeded our initial target of 10,000 BTC and already own 0.1% of the entire Bitcoin supply.”

Gerovich noted that the company's goal is to take second place in the world in terms of Bitcoin reserves, second only to Strategy.

To implement the plan, the company is launching Metaplanet Prefs – perpetual preferred shares similar to the instruments Strategy introduced in 2025.

“Traditionally, preferred stocks have remained in the 'quiet corner' of finance. But backed by bitcoin, this is something completely new,” Gerovich said.

Metaplanet will release two Prefs classes:

• Class A is a “safer and more stable” product with a yield of 5%, similar to traditional debt instruments;
• Class B is riskier, but has the option to convert into regular Metaplanet shares.

The company's CEO emphasized Japan's competitive advantage:

“Japan's low rates are our hidden superpower.”

Metaplanet Prefs, according to Gerovich, provide the company with the following strategic benefits:

• diversification of financing – beyond the issue of common shares;
• constancy – no risk of regular refinancing;
• low cost – thanks to the lowest rates in the G7;
• Capital protection – limiting the issuance of Prefs to 25% of NAV in BTC, which ensures stability even if the price of Bitcoin falls by 75%.

Metaplanet's updated mission, according to Gerovich:

“Paving the way for a new theory of credit in Japan by issuing instruments based on absolutely scarce digital capital.”

Meanwhile, Eric Trump, strategic advisor to Metaplanet, noted:

“Simon is one of the most honest people I have ever met in my life. You have a great leader and a great product in Bitcoin – and it's a winning combination.”

Nakamoto CEO David Bailey, an early investor in Metaplanet, added:

“Metaplanet has become too big to ignore. I look forward to the day when Simon is invited by the Prime Minister and even the Emperor of Japan, because the company has become systemically important to the country.”

It should be noted that in early 2025, Gerovich announced plans to have up to 10,000 BTC, and later noted the short-term benefits of investing in Bitcoin.

Source: cryptonews.net