Metaplanet just rolled out two big moves for its corporate structure and operations. The company’s cutting its Series 10 share pool by 41%, which means 131.3 million fewer potential shares on the table. On top of that, Metaplanet’s setting up a new subsidiary in Hong Kong with $1 million in capital, aiming to trade Bitcoin, stocks, and credit products.

Trimming Down the Series 10 Pool

The Series 10 share pool is getting slashed by 41%. In real numbers, that’s a reduction of 131.3 million potential shares. This shakeup affects Metaplanet’s capital structure and the number of Series 10 shares that could hit the market.

New Subsidiary in Hong Kong

Metaplanet’s planning to launch a Hong Kong-based subsidiary with $1 million in capital. The new branch will focus on Bitcoin trading, as well as handling stocks and credit products. Setting up shop in one of Asia’s top financial hubs gives Metaplanet more reach across both crypto and traditional markets.

Both moves are all about tightening up capital management and growing Metaplanet’s trading business—spanning digital assets and classic financial instruments.