MetaPlanet Pushes for Super League Enterprise Transition to Financial Platform with 2100 BTC

By: www.tokenpost.kr|2026/08/29 05:29:10

MetaPlanet is moving forward with a deal to convert Super League Enterprise into a U.S.-listed BTC financial platform by investing 2100 Bitcoins and $2.5 million in cash. MetaPlanet's wholly-owned subsidiary, MetaPlanet Holdings, has signed a contract to provide Super League with 2100 BTC and $2.5 million in cash in exchange for 44,859,400 common shares, preferred shares, and warrants. The valuation of the BTC is approximately $132.1 million, with the total investment amounting to about $134.6 million. After the transaction is completed, Super League will change its name to SuperPlanet and its ticker symbol to SUPA. MetaPlanet will hold approximately 95.7% of SuperPlanet's common shares. This transaction is a private investment in a publicly listed company on NASDAQ, utilizing both the Japanese and U.S. capital markets simultaneously. SuperPlanet is designed to provide U.S. investors with access to a NASDAQ-listed BTC financial company. MetaPlanet has stated that the BTC from SuperPlanet could serve as collateral for future issuance of non-convertible perpetual preferred shares. Separately, Super League has registered a common stock ATM sale of up to $2,229,000, and on August 21, it sold 475,598 shares, raising a total of $2,228,999. The transaction is subject to approval by Super League shareholders, NASDAQ filing documents, and regulatory procedures in the U.S. and Japan, with the closing date projected for the fourth quarter of 2026.

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