Metaplanet, a bitcoin treasury firm, reduced the potential size of its Series 10 share pool tied to executive rewards. The pool was cut to 188.2 million shares, according to CoinDesk. The change represents a 41% reduction and removes about $220 million in value from the package. The move narrows the scale of the company’s potential equity-based incentive allocation and marks a sizable reset in the value attached to that reward structure. No additional details were provided in the source summary about the reason for the adjustment or the timing of any related issuance.
Metaplanet, a bitcoin treasury firm, cut the potential Series 10 share pool linked to executive rewards to 188.2 million shares.
CoinDesk reported that the revision reduced the pool by 41% and wiped out about $220 million in value.
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