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Finance· Corporate Finance

Metaplanet cuts Series 10 stock pool by 41%, plans Hong Kong subsidiary

Metaplanet said it will reduce the number of potential shares under its Series 10 stock acquisition rights by 131.3 million, lowering the pool from 319.464 million to 188.19 million by resetting the conversion ratio. The company also plans to launch a Hong Kong arm, Metaplanet Asset Management Asia Limited, with $1 million in initial capital to trade Bitcoin, equities and credit products during Asian market hours.

about 4 hours ago

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