Metaplanet Equity Backlash, SE Asia Crypto Funding Doubles: Asia Express

Metaplanet Equity Backlash, SE Asia Crypto Funding Doubles: Asia Express

Shareholders of Bitcoin treasury company Metaplanet are seething over equity allocations for insiders, while new figures cement Singapore’s role as the top Asian crypto hub.

Metaplanet Equity Fallout as SE Asia Crypto Funding Doubles

Japanese Bitcoin treasury company Metaplanet is facing renewed shareholder criticism after it continued expanding an executive share option pool that automatically grows as new shares are issued to support the company’s Bitcoin accumulation strategy. Multiple investors have raised dilution concerns and are urging the company to rescind the additional shares created under the plan. Across [...]