Metaplanet Unveils US Bitcoin Expansion: Here’s What It Plans to Do With Superplanet
The third-largest corporate holder of BTC has revealed additional details about its planned US expansion, which will see it invest 2,100 BTC and $2.5 million in cash into Super League Enterprise.
The transaction will transform the Nasdaq-listed entity into Superplanet and will become a US Bitcoin treasury platform operating under the ticker SUPA.
Superplannet Is Coming Metaplanet is expected to control approximately 95.7% of the company’s common stock and voting power following the deal.
The newly published investor presentation explains the broader strategy in which the Japanese company wants to replicate its Asian BTC treasury model in the considerably deeper US capital market.
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