Pledditor(@Pledditor):If you aren't following the Metaplanet controversy, you need to, it's juicy. Essentially the CEO, Simon Gerovich, has an old, ill talked about options contract carried over from before Metaplanet became a bitcoin treasury company that weren't excersized yet until now, where he receives a fixed PERCENTAGE of the Metaplanet shares, not a fixed amount. So all this time while he's been mass diluting shareholders like it's the Weimar Republic, not only did Simon face zero dilution, the dilution caused Simon's share count to absolutely skyrocket,

2026.09.03 05:22

If you aren't following the Metaplanet controversy, you need to, it's juicy. Essentially the CEO, Simon Gerovich, has an old, ill talked about options contract carried over from before Metaplanet became a bitcoin treasury company that weren't excersized yet until now, where he receives a fixed PERCENTAGE of the Metaplanet shares, not a fixed amount. So all this time while he's been mass diluting shareholders like it's the Weimar Republic, not only did Simon face zero dilution, the dilution caused Simon's share count to absolutely skyrocket,