Super League shareholders approve Metaplanet’s 2,100 BTC investment
Summary
Super League shareholders approved Metaplanet’s proposed investment, advancing a transaction to create Superplanet, a US-listed Bitcoin treasury platform. Metaplanet plans to contribute 2,100 BTC and $2.5 million for 44.86 million shares, and would appoint five of nine directors and hold special approval rights. The deal includes warrants for up to 381 million additional shares and financing options involving preferred stock, with potential proceeds dependent on future exercises and market conditions. Super League’s existing advertising business will continue. Closing is expected in Q4 2026, subject to remaining requirements, including Nasdaq filings.
