Metaplanet, the world’s third-largest corporate BTC holder, has announced plans to invest 2,100 BTC and $2.5 million in cash into Super League Enterprise, a Nasdaq-listed entity that will be renamed Superplanet and operate under the ticker SUPA. The transaction aims to replicate Metaplanet’s Asian Bitcoin treasury model in the US capital market, described as « two listed issuers, two currencies, in two of the world’s largest capital markets. » The company plans to issue USD-denominated perpetual preferred shares to double its Bitcoin treasury from 2,100 to 4,200 units, while Metaplanet could invest an additional $210 million and receive warrants covering up to 381 million shares. The deal remains subject to shareholder, Nasdaq, and regulatory approvals, with closing expected in Q4. Metaplanet currently holds 43,000 BTC, ranking third behind Strategy (840,447 BTC) and Twenty One Capital (43,514 BTC).
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