Corporate Finance

Metaplanet’s executive stock pool sparks shareholder backlash as CEO addresses MMXX ties

Shareholders of Japanese Bitcoin treasury firm Metaplanet are protesting an expanded executive option pool that critics say has substantially diluted existing holders. The dispute centers on a 10th Series option plan designed as 20% of fully diluted shares that grew automatically as new shares were issued for Bitcoin accumulation, prompting calls to freeze exercise rights tied to roughly 273 million shares.