CryptoSlate· Oluwapelumi Adejumo·· 11d agoSelected
Super League Shareholders Approve Metaplanet’s 2,100‑BTC Investment and Planned Nasdaq Listing
Original source: CryptoSlateRead original
AI brief
Metaplanet’s shareholders voted to approve a 2,100‑BTC and $2.5 million cash investment, issuing 44.86 million new shares at $3 each. The deal will rename Super League as Superplanet, making it a U.S.‑listed Bitcoin‑treasury platform and enabling future capital raises through preferred stock. The transaction is expected to close in Q4 2026, pending Nasdaq filings.
Why it matters
The approval unlocks a U.S. Bitcoin‑treasury platform that can raise dollar‑denominated capital via preferred stock, offering a new income‑seeking investment vehicle for crypto‑focused investors.
Source: CryptoSlate · cryptoslate.com