person
Metaplanet CEO, who publicly denied any bitcoin sale after a 5,014 BTC transfer between company custodial addresses.
No evidence-backed relationships are recorded.
Metaplanet's board pulled back grant terms that expanded with every equity raise, cutting the potential share pool by about 41 percent and lifting bitcoin per fully diluted share 8.8 percent without buying a coin.
Reality
A 17% two-day selloff got Metaplanet's board to take 131.27 million potential shares out of its contested option pool in four days, and to add a new CFO, a Hong Kong arm and a December capital vote.
Reality
The board froze an option pool that had grown nearly sevenfold to 319 million rights and cut the plan by 41%, a reduction worth about $123m that leaves management with a claim on roughly 13% of the diluted company.
Reality
The Tokyo-listed treasury firm is committing about $134.6 million in coins and cash for 95.7% of Super League. Shareholders and regulators in two countries still have to sign off.
Perspective Coverage
4 publishersReality
The BitBonds launch brought in about $1.3 million at 4.0 to 4.3 percent. What it actually built was an in-house channel selling bitcoin-treasury credit to Japanese retail and corporate buyers.
Perspective Coverage
3 publishersReality