CoinScoopMetaplanet reduces executive reward pool and cancels $220 million in assets
Metaplanet has cut its executive stock option reward pool by 41% following shareholder opposition. The company, which shifted to a Bitcoin-buying strategy in 2024, faced criticism over potential dilution. CEO Simon Gerovich stated that the adjustment effectively eliminates $220 million in warrant value.
Summaries are written by AI from the original article. Not investment advice.