Metaplanet cuts executive stock options 41% after shareholder backlash

Japan-listed BTC treasury company Metaplanet has reduced the size of stock options for executives to 41% of the original plan and withdrawn a separate employee warrant plan after shareholder backlash, Cointelegraph reported. Some Metaplanet shareholders had previously urged the company to cancel newly added options equivalent to 273 million shares during the revision process and to disclose the related decision-making process more transparently, arguing existing shareholders could face continued dilution.