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Metaplanet reduces executive share pool after shareholder backlash

Metaplanet has cut the potential share pool attached to its Series 10 stock acquisition rights by 41.1%, reducing possible issuance to 188.19 million shares after shareholders challenged the dilution created by the executive compensation structure. The Tokyo-listed bitcoin treasury company said on September 11 that it would lower the number of shares underlying each Series 10 right from 696 to…

We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.

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