Metaplanet is set to place a major Bitcoin acquisition proposal before shareholders at its Extraordinary General Meeting on December 22, 2025. CEO Simon Gerovich has indicated that the meeting will determine whether the company resumes large-scale Bitcoin purchases.
Previously, Gerovich outlined an ambitious plan to accumulate up to 210,000 BTC by 2027 through the issuance of preferred shares aimed at raising $3.8 billion.
The proposal depends entirely on shareholder approval and would mark a significant expansion of Metaplanet’s Bitcoin-focused balance sheet.
The company had halted further Bitcoin buying after reaching 30,823 BTC by late September 2025, shifting its attention toward managing risk, improving yields on existing holdings, and simplifying debt structures.
Earlier shareholder backing enabled Metaplanet to become Asia’s largest corporate Bitcoin holder, briefly boosting its valuation but also increasing share price volatility. The upcoming vote will determine whether the company doubles down on its Bitcoin-only strategy.
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