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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
08/19/2026

Metaplanet Acquires 96% of Super League in $136M Bitcoin and Cash Deal

What happened: Metaplanet is acquiring approximately 96% of Super League (Nasdaq: SLE) for 2,100 BTC (about $136 million) plus $2.

Metaplanet Acquires 96% of Super League in $136M Bitcoin and Cash Deal

What happened: Metaplanet is acquiring approximately 96% of Super League (Nasdaq: SLE) for 2,100 BTC (about $136 million) plus $2.5 million in cash, issuing 44.9 million new shares at $3.00 each. Super League will be renamed Superplanet, Inc. and repositioned as a U.S. bitcoin treasury platform. The deal, subject to shareholder approval and expected to close in Q4 2026, caused SLE shares to surge over 50% and marks Metaplanet’s expansion of its bitcoin treasury strategy to the U.S. market.

Why it matters: The transaction highlights the growing trend of public companies leveraging bitcoin as a treasury asset and using capital markets vehicles for crypto exposure. While Metaplanet retains control of the contributed BTC, the deal repurposes a small-cap gaming company into a bitcoin-focused entity, reflecting the evolving landscape of listed crypto vehicles.

Source: The Block