BlockBeats News, November 13th: Simon Gerovich, CEO of the Japanese publicly traded Bitcoin treasury company Metaplanet, stated in a post that, “Metaplanet has held five shareholder meetings in the past two years and has obtained shareholder approval on all key matters, including amending the company’s articles of incorporation to change its business purpose to a Bitcoin treasury business, increasing the authorized number of shares for Bitcoin acquisitions, and issuing a new class of shares (preferred shares).”
These processes were all carried out under the leadership of the management team established before the company’s transformation in accordance with due process. At Metaplanet, corporate governance is the foundation of all decisions.”
