On September 1, 2025, Metaplenet organized an EGM in Tokyo’s heart.
In the event, the president of Metaplenet, Simon Gerovich, highlighted the successes that the company has had in its 16 months operating as a Bitcoin Treasury company and presented the company’s plan to acquire 210,000 Bitcoin, 1% of the total offer, by 2027.
This vision includes the issuance of two versions of a new financial product (prefs of Metaplanet, offers of preferred perpetual actions that resemble the type of strategy that was implemented in March 2025, in the efforts to acquire Bitcoin.
Metaplenet milestones
Gerovich began the meeting explaining how Metaplenet turned to operate as a hotel company with difficulties for a Bitcoin treasury company in early 2024.
Since then, he said, Metaplenet has acquired approximately 0.1% of Bitcoin’s total supply, far exceeding its initial objective of acquiring 10,000 bitcoin.
During the event, Gervich also announced that Metaplenet had increased his participations to 20,000 Bitcoin, which gave him the sixth largest Bitcoin balance in the world.
Gerovich said his goal is that Metaplenet has the second largest Bitcoin balance, only for the strategy.
He also compared the Bitcoin metaplanet percentage per share during the last year with the strategy, noting that its percentage has increased to 2,274% compared to 86% of the strategy.
Gerovich also pointed out that Metaplenet’s actions quote more than 100 hours per week through exchange and stockbrokers around the world, which helps to achieve Metaplanet’s success not only a Japanese story, but also global.
“Wherever you are in the world, Metaplenet is available,” said Gervich.
Metaplenet prefs
“Traditionally, preferred equity has been in a quiet corner of finance, but, backed by Bitcoin, is something completely new,” Gervich told the more than 3,000 attendees of the event.
He explained how the preferred Metaplanet Capital Plans to offer will not only become an important fund collection mechanism to acquire more Bitcoin, just as it has done for the strategy, but will also establish a performance curve backed by Bitcoin, one with the potential to produce greater yields than those of fixed income products in Japan.
In addition, Gervich highlighted the fact that Metaplenet is in a unique situation to create this product, since he can borrow extremely low rates, since Japan currently has the lowest interest rates of all G7 countries.
“The low rates in Japan are our hidden superpower,” Gerovich said.
He also shared that traditional fixed income markets are “under voltage” and that investors are “looking for alternatives.”
Gerovich said he sees this as an opportunity to become the largest fixed -income issuer backed by Bitcoin in Asia and believes that the types of preferred capital metaplanet plans to offer will serve as an attractive alternative to traditional fixed income products.
Metaplanet plans to offer two kinds of preferred equity.
Class A will be designed to be a “safer and more stable” financial product that offers performance, very similar to traditional fixed income products. The product will produce 5%. Class B will be more risky, but it will also come with the option of becoming ordinary Metaplenet shares.
These new financial products will offer Metaplanet four different advantages, Gerovich said.
Four advantages of perpetual capital products of Metaplenet
- Financing diversification: Until now, the only mechanism for the collection of funds from Metaplenet has issued actions of its common actions. Prefs will offer the company a new way of raising money.
- Permanence: Issue perpetual debt instruments with a promise of a 5% return rate allows Metaplanet to obtain financing without the constant charge of refinancing risk.
- Low financing cost: As mentioned, interest rates in Japan are the lowest among all G7 countries, which allows Metaplanet to raise money at a cheaper pace than most of his Bitcoin Treasury Company companions.
- Ability to limit the issuance of preferred actions: Metaplanet will limit its issuance of preferred shares to 25% of its Bitcoin Nav. Doing this would help keep Metaplanet afloat in case of a 75% drop in the price of Bitcoin.
After discussing these four advantages, Gervich summed up his presentation with a reviewed mission statement for Metaplanet: Pione a new credit theory in Japan; [issue] Excessively collateralized and absolutely scarce digital -based instruments.
Rotunda approval
After exposing the Metaplanet Prefs plan, Gerovich asked the attendees if they would approve that the company seeks to amend the incorporation items.
He found a resounding round of applause.
And the members of the audience were not the only ones excited about Gerovich’s vision and his proven ability to execute it.
Eric Trump, who serves as a strategic advisor to the Metaplanet Board and who participated in a conversation by the fire with Gerovich during the afternoon program, spoke very well about Gerovich.
“Simon is one of the most honest people I’ve met in my whole life,” Trump said. “You have a great leader in Simon and a wonderful product in Bitcoin, and I think it is a winning combination.
The CEO of Nakamoto, David Bailey, who invested in Metaplanet shortly after implementing his Bitcoin Treasury strategy, also praised Gerovich and the Metaplenet team, noting that Japan’s investors are forced to realize the company.
“Metaplenet has become too big to ignore,” Bailey said.
Bailey continued to say that he looks forward to the day Gerovich is invited to meet with Japan’s Prime Minister, as well as with the country’s emperor thanks to the work Gerovich has done when making Metaple a “systemically important institution for Japan.”
