Japan
CoinPost
Super League Enterprise Shareholders Approve 2,100 BTC Investment Proposal from Metaplanet
- Shareholders approved the deal at the October 16 annual meeting; Metaplanet will deliver 2,100 BTC (valued as of August 14) and $2.5 million cash in exchange for 44,859,400 Super League common shares at $3 each, plus 100 convertible perpetual preferred shares, with a 5-year lockup on Metaplanet's shares.
- CEO Matt Edelman said the approval helps redefine the company beyond its current scale, pairing its advertising business for major global brands with a BTC-backed treasury and long-term backing from one of the world's largest Bitcoin holders.
- Metaplanet CEO Simon Gerovich called it a key step in transforming Metaplanet from a Bitcoin treasury firm into a global Bitcoin-native financial platform, with the renamed SuperPlanet serving as its U.S.-listed Bitcoin treasury platform alongside Metaplanet Securities in Japan.