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Metaplanet commits 2,100 BTC to launch US treasury

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crypto.news Editorial

(03:20 PM UTC)

1 min read

Updated byJames Mitchell

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Metaplanet has agreed to invest 2,100 Bitcoin and $2.5 million in Nasdaq-listed Super League Enterprise, securing a 95.7% stake and creating a U.S. Bitcoin treasury company called Superplanet.

Summary

Metaplanet will invest about $134.6 million through 2,100 BTC and $2.5 million in cash.
Super League will become Superplanet and trade under the proposed…

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