Metaplanet slashes executive share pool by 41%, wiping out $220M in value

Japanese bitcoin treasury firm Metaplanet has significantly reduced its executive compensation pool, cutting the potential Series 10 share allocation by 41% to 188.2 million shares. The move effectively extinguished approximately $220 million in potential value tied to the reward program. The decision reflects a notable shift in how the company is managing its equity-based executive incentives. While the firm has not publicly detailed the specific reasons behind the reduction, the scale of the cut signals a meaningful strategic adjustment in its compensation structure.