Metaplanet Shareholders Face Crucial Vote on Bitcoin Expansion
Metaplanet will hold a key shareholders’ meeting on December 22 to vote on proposals including new preferred shares and a plan to expand Bitcoin holdings to 100,000 BTC by 2026, with the outcome set to shape its future strategy and capital structure.
Metaplanet is set to hold an extraordinary general meeting (EGM) on December 22, where shareholders will vote on pivotal proposals shaping the company’s Bitcoin strategy and capital structure. The agenda includes the issuance of new preferred shares—Class A (MARS) and Class B (MERCURY)—and plans to reduce capital stock and reserves. These measures are designed to support Metaplanet’s ambition to expand its Bitcoin holdings to 100,000 BTC by the end of 2026, reinforcing its position in the digital asset sector. Management has emphasized the importance of shareholder participation, describing the meeting as crucial for the company’s long-term direction and growth. Market participants are closely watching the outcome, as Metaplanet’s stock has shown volatility and consolidation ahead of the vote, reflecting investor caution and anticipation. The decisions made at the EGM are expected to influence the company’s governance, financial planning, and ability to pursue targeted investments in digital-asset infrastructure.