Metaplanet Reduces Executive Stock Options by 41% Amid Shareholder Pushback

Japan-listed Bitcoin strategy investment company Metaplanet has reduced its executive stock option pool by 41% and withdrawn plans for new share subscriptions for employees, according to CoinTelegraph. Earlier, some Metaplanet shareholders had urged the cancellation of approximately 273 million newly included options and more transparent disclosure of related decision-making processes, citing ongoing dilution risks to existing shareholders' equity.