Super League and Metaplanet reached a transaction, injecting 2,100 BTC and $2.5 million in cash
2026-10-19 20:18:20
According to CoinMeta, the shareholders of Super League have approved the transaction with Metaplanet. Following the completion of the delivery, Metaplanet will inject 2,100 BTC coins and $2.5 million in cash in exchange for approximately 44.86 million ordinary shares, strategic alliance preferred shares, and warrants. It is expected to hold around 93.7% of the ordinary shares of the rebranded Superplanet. The relevant shares are subject to a 5-year lock-up period. The company's stock code will be changed from SLE to SUPA. In addition, Metaplanet will also obtain the right to subscribe for up to $210 million in subordinated preferred shares within the next 24 months, and Superplanet will serve as its platform for listing Bitcoin financial products in the United States.
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