Metaplanet Buys 95.7% of Nasdaq-Listed SLE for $134.6M Bitcoin Treasury Platform
Metaplanet closed its acquisition of Nasdaq-listed Super League Enterprise, contributing 2,100 bitcoins and $25 million in cash in a deal valued near $134.6 million. SLE issued about 44.86 million new common shares at $3 each. Metaplanet now holds roughly 95.7% of SLE common stock and will rename it Superplanet, its U.S. Bitcoin treasury vehicle.