Metaplanet Launches U.S. Bitcoin Treasury Platform With 2,100 BTC and $135M Deal
TL;DR
- Stake acquisition: Metaplanet plans a 95.7% stake in Super League through a $134.6 million Bitcoin‑backed deal.
- Platform strategy: The firm contributes 2,100 BTC and gains warrants plus rights to invest $210 million more.
- Corporate transition: Super League becomes Superplanet under ticker SUPA, with leadership split and closing expected in Q4.
Japanese Bitcoin treasury firm Metaplanet is moving to establish a major foothold in the United States through a sweeping agreement that would transform Nasdaq‑listed Super League Enterprise into its dedicated U.S. Bitcoin treasury platform. The company plans to take a 95.7% stake in Super League via a $134.6 million investment seeded with Bitcoin and cash, marking one of its largest strategic moves to date.
Strategic stake built on Bitcoin reserves
Under the terms announced, Metaplanet will contribute 2,100 Bitcoin valued at $132.1 million, along with $2.5 million in cash, in exchange for 44.9 million common shares priced at $3 each, preferred stock and warrants. Super League, which held a market value of roughly $5 million at Monday’s close, will be renamed Superplanet and trade under the ticker SUPA. Shares of SLE have surged to $5.20, rising more than 70%.
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