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Metaplanet Cuts Executive Option Rights by 41% to Boost Bitcoin Per Share

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The Story

News Summary

  • Metaplanet slashed potential shares tied to executive options by 41%, eliminating over $220 million in warrant value.
  • The move addresses severe dilution backlash, boosting Bitcoin held per diluted share by 8.8% and delaying vesting schedules following a steep drop in Metaplanet's stock price.
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