Market Flux Event
Metaplanet Acquires 95.7% of Super League for 2,100 BTC to Launch US Bitcoin Treasury Firm Superplanet
Japanese Bitcoin treasury company Metaplanet is expanding into the United States by acquiring a controlling stake of approximately 95.7% in Nasdaq-listed Super League Enterprise in exchange for 2,100 Bitcoin and $2.5 million in cash, a deal valued at roughly $134.6 million. The combined entity will be rebranded as Superplanet and operate as a U.S.-listed Bitcoin treasury platform, trading on Nasdaq under the ticker SLE. Super League shares surged 80% on the news.
The move puts Metaplanet in direct competition with Strategy, the U.S. firm led by Michael Saylor that pioneered the corporate Bitcoin treasury model on American exchanges. By seeding Superplanet with 2,100 BTC, Metaplanet is establishing a foothold in the U.S. capital markets, giving it access to a broader investor base and the liquidity of a domestic Nasdaq listing to support its continued Bitcoin accumulation strategy.
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Sources
- CointelegraphJUST IN: Metaplanet launches its US Bitcoin treasury platform, Superplanet, seeded with 2,100 BTC.
- Seeking AlphaSuper League rallies on $134.6M Metaplanet deal, backed by 2.1K Bitcoin
- Be In CryptoMetaplanet Invades Saylor’s Home Turf. Couldn’t Japan Fund Its Bitcoin Ambitions?
- Crypto EconomyCash App and MoonPay Team Up to Expand Crypto Access for U.S. Customers
- The BlockMetaplanet takes 96% of Super League in 2,100 BTC, cash deal to launch US bitcoin treasury firm
- cointelegraph.comBitcoin tags $65K as S&P 500 rebounds from 2-week lows on US-Iran rhetoric
- u.todayMetaplanet Makes 2,100 BTC Investment to Launch U.S. Bitcoin Treasury Platform
- cryptopolitan.comMetaplanet takes Super League stake for US Bitcoin treasury Superplanet