Japanese Bitcoin treasury company Metaplanet (3350) is set to acquire a 95.7% stake in Nasdaq-listed Super League Enterprise (SLE) through a $134.6 million investment, establishing a new U.S.-based Bitcoin treasury platform. Under the proposed transaction, Metaplanet will contribute 2,100 BTC valued at approximately $132.1 million, along with $2.5 million in cash. In exchange, it will receive 44.9 million Super League common shares priced at $3 each, as well as preferred stock and warrants. Super League, which had a market capitalization of roughly $5 million at Mondays close, will be renamed… Read more
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