- Metaplanet will invest 2,100 BTC and $2.5 million in Super League.
- The deal would give Metaplanet about 95.7% of Super League common stock.
- Super League plans to become Superplanet and trade under ticker SUPA.
Metaplanet is expanding its Bitcoin treasury strategy into the US through a proposed investment in Nasdaq-listed Super League Entertainment. The Japanese company will commit 2,100 BTC, worth roughly $136 million, alongside $2.5 million in cash. The transaction would give Metaplanet about 95.7% ownership of Super League and create a new US Bitcoin treasury platform.
Metaplanet Targets Nasdaq With Superplanet Treasury
Metaplanet will purchase 44.9 million new Super League shares at $3 each. The transaction also includes preferred stock and warrants tied to the 2,100 BTC investment.
Following completion, Super League will change its name to Superplanet Inc. The company plans to remain listed on Nasdaq under the ticker SUPA.
Super League will retain its existing gaming and advertising operations. The new structure will also position the company as Metaplanet’s US-listed Bitcoin treasury vehicle.
Metaplanet currently holds around 43,000 BTC, making it one of the largest public Bitcoin treasury companies globally. The latest commitment represents nearly 5% of its existing Bitcoin holdings.
Simon Gerovich, Metaplanet’s CEO, said the company built its Bitcoin treasury in Japan and now wants to expand into US capital markets.
Metaplanet Builds US Bitcoin Treasury Strategy
The proposed Metaplanet structure could allow Superplanet to use its Bitcoin holdings as collateral for future preferred stock offerings. The company could model those instruments after Strategy’s preferred stock products.
Operating revenue could potentially support dividend payments tied to those offerings. The structure would combine Bitcoin holdings with a Nasdaq-listed corporate platform.
The transaction forms part of Project Nova, Metaplanet’s broader strategy to develop Bitcoin-related financial infrastructure. The company previously acquired Japanese brokerage Siiibo Securities as part of this expansion.
Metaplanet has also discussed Bitcoin-backed fixed-income products known as Bitbonds. The Superplanet transaction therefore extends its strategy beyond Bitcoin accumulation.
The deal still requires shareholder approval, Nasdaq filings and regulatory clearances in the US and Japan. The companies expect the transaction to close during Q4 2026 if those conditions are satisfied.
Super League shares surged as much as 80% during early Tuesday trading before paring gains to around 50%. Metaplanet shares gained more than 4% during the session.
Disclaimer:Â This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
