SLE news archive

2 stories

Last checked

Refresh

Estimated news impact scores by coin. Scores are not price-change percentages.

  1. Published Social post

    Wu Blockchain (@WuBlockchain)

    Metaplanet to Invest 2,100 BTC in Super League to Build U.S. Bitcoin Treasury Platform Japan-listed Bitcoin treasury company Metaplanet (TSE: 3350) and Nasdaq-listed Super League Enterprise (Nasdaq: SLE) have entered into a definitive agreement under which Metaplanet, through its U.S. subsidiary, will contribute 2,100 BTC worth about $132.1 million and $2.5 million in cash to Super League in exchange for common stock, preferred stock and warrants, for an initial investment of about $134.6 million. Upon closing, Super League will be renamed Superplanet, Inc., with its ticker expected to change to SUPA. Metaplanet is expected to own approximately 95.7% of Superplanet’s common stock, which will serve as its U.S. Bitcoin treasury platform.

  2. Published Social post

    The Block (@TheBlockCo)

    THE BLOCK: Japan-based Metaplanet is making headway in the U.S., investing 2,100 BTC and $2.5 million for an almost 96% stake in Nasdaq-listed Super League. $SLE Super League will become "Superplanet," Metaplanet’s U.S. bitcoin treasury platform, extending its 43,000 BTC war chest into U.S. capital markets. $MPJPY

Showing 2 of 2 stories. Filters apply to the full news archive.