Super League Adds Eight Bitcoin as Metaplanet Deal Awaits Closing

Super League Enterprise, Inc. added eight Bitcoin (BTC) from Oct. 28 through Nov. 1, lifting its holdings to 15 BTC as its proposed transaction with Metaplanet awaits closing.

The company paid an average of about $78,532.14 per coin. The purchase brings Super League’s holdings up from seven BTC after an earlier four-Bitcoin purchase. Super League said this purchase was part of its exploration of Bitcoin as a treasury asset alongside cash and cash equivalents.

Super League shareholders approved a share issuance tied to the proposed transaction on Oct. 16. The vote cleared a required step, but the transaction remains subject to closing conditions.

Under the proposed terms, Metaplanet Holdings, Inc., Metaplanet, Inc.’s U.S. subsidiary, would contribute 2,100 BTC and $2.5 million in exchange for Super League shares, preferred shares and warrants. At closing, Metaplanet Holdings would hold about 95.7% of Super League’s common stock.

If the transaction closes, Super League plans to adopt the name Superplanet, Inc. and the ticker SUPA while continuing its advertising and media business. Super League expects the transaction to close in the fourth quarter of 2026.