Skip to main content
See every side of every news story
Published loading...Updated

Metaplanet to Take Controlling Stake in Super League Enterprise

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.
Insights by Ground AI

15 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 67% of the sources are Center
67% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

TokenPost broke the news on Tuesday, August 18, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal