Metaplanet’s Bitcoin boom quietly turned a 46 million-share executive pay plan into a 319 million-share windfall

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Metaplanet’s Bitcoin expansion has exposed an executive compensation windfall that shareholders want the company to unwind. The dispute centers on an executive options pool that expanded as the Tokyo-listed company repeatedly issued equity to finance its Bitcoin purchases. Shareholders are now demanding the cancellation of roughly 273 million potential shares added to management’s compensation pac...