Bitcoin
Metaplanet Cuts Series 10 Warrant Pool by 41%, Erasing $220 Million in Executive Upside
Unchained·September 14, 2026·1 min read
Metaplanet cut its Series 10 warrant pool by 41%, eliminating $220 million in executive upside. The reset increases bitcoin per diluted share by 8.8% for shareholders, while CEO Gerovich retains shares he already exercised. The move shifts value from executives to investors.
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