Metaplanet to Take Nearly 96% of Super League in a $134.6 Million Bitcoin and Cash Deal
Metaplanet is contributing 2,100 bitcoin and $2.5 million in cash as Super League’s market value stood near $5 million, the companies said.
- On Tuesday, Tokyo-listed Metaplanet announced a $134.6 million investment to acquire a 95.7% stake in Nasdaq-listed Super League Enterprise, renaming the firm Superplanet as its U.S. Bitcoin treasury platform.
- This transaction follows the 2025 collapse of the digital-asset treasury boom, which left many firms trading below their holdings; Metaplanet seeks a foothold in United States capital markets using existing Bitcoin assets.
- Metaplanet CEO Simon Gerovich confirmed the contribution of 2,100 Bitcoin and $2.5 million in cash, while Super League CEO Matthew Edelman will lead Superplanet and Metaplanet receives 10-year warrants covering 381 million additional shares.
- Shares of Super League surged more than 70% following the announcement, with trading volume reaching roughly 37.3 million shares, a nearly 95-fold increase compared to previous activity.
- Superplanet plans to pursue U.S. acquisitions unavailable to its Japanese parent company while tapping domestic capital markets, as Metaplanet maintains a dual-market approach for its Bitcoin treasury strategy.
33 Articles
33 Articles
Metaplanet Expands Bitcoin Treasury Strategy to US Markets Following MicroStrategy Model
Japan’s Metaplanet has officially expanded its Bitcoin accumulation strategy into the United States, signaling a bolder approach to corporate treasury management that echoes the playbook made famous by MicroStrategy. The Tokyo-listed firm, often described as Asia’s answer to MicroStrategy, disclosed plans to establish a presence in the American market as part of its ongoing effort to treat Bitcoin as its primary reserve asset. According to a rep…
Metaplanet to Take Nearly 96% of Super League in a $134.6 Million Bitcoin and Cash Deal
Metaplanet agreed Tuesday to turn a Nasdaq-listed gaming media company into its U.S. bitcoin treasury vehicle, contributing 2,100 BTC and cash to Super League Enterprise in a deal valued at roughly $134.6 million. Super League will be renamed Superplanet and trade under the ticker SUPA at closing, becoming a consolidated subsidiary of the Tokyo-listed parent. Metaplanet, acting through its U.S. subsidiary Metaplanet Holdings, will hand over bitc…
Metaplanet commits 2,100 BTC to launch US treasury
Metaplanet has agreed to invest 2,100 Bitcoin and $2.5 million in Nasdaq-listed Super League Enterprise, securing a 95.7% stake and creating a U.S. Bitcoin treasury company called Superplanet. According to a joint company announcement published on Aug. 18, the proposed…
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