The 5-hour long virtual event will be livestreamed on YouTube on June 25.
There will also be a virtual afterparty following the livestream exclusively on Youtube.
The achievement means the K-Pop stars are second only behind Justin Bieber, who currently has 62.4 million subscribers on the visual platform.
The online concert event will begin on April 17 at 3pm KST and will be free for all viewers.
Minaj’s groundbreaking hit continues to rack up massive numbers seven years after its initial release.
Tickets already purchased for the shows will remain valid for the newly-announced 2022 dates.
‘Live At The Rainbow – London 1974’ marks the second episode in the band’s ‘The Greatest’ YouTube series.
“This is incredible news. At times like this I have to pinch myself to be sure it’s real,” said Brian May.
The docuseries chronicles Lovato’s personal and professional journey, following her 2018 overdose.
The K-Pop superstars have won the ‘Most simultaneous viewers for a music video on YouTube Premieres’ award with over three million concurrent viewers.
The Korean-Australian singer has set the record for the most YouTube views in 24 hours by a solo K-pop artist, with 'On The Ground' garnering 41.6million views
The song is also the lead track of BTS’s third mini album 'The Most Beautiful Moment in Life, Part 1' released in 2015.
The shows, hosted on the band's YouTube channel, will feature full, remastered footage from some of their unforgettable world tours.
Weekly, from March 19, the band will take their fans on a unique journey on YouTube continuing to March 2022.
It will be the first time that the 2011 concert has been available digitally and in its entirety.