Super League Shareholders Approve Metaplanet's 2,100 BTC Investment, Advancing U.S. Takeover
Super League shareholders have approved Metaplanet's planned investment, covering the issuance of shares and warrants and a rebrand to Superplanet. At closing, Metaplanet is expected to contribute 2,100 BTC and $2.5 million in cash, giving it roughly 93.7% of the company's common stock. Superplanet will act as Metaplanet's U.S.-listed Bitcoin treasury platform, with the related warrants potentially supplying up to about $3.4 billion in additional equity capital.
