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Metaplanet Acquires Majority Stake in Super League Enterprise

Guavy AI Editorial Team
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Metaplanet has made a significant move into the US market by acquiring a majority stake in Super League Enterprise, listed on Nasdaq under SLE. The Japanese firm will rebrand as Superplanet and become a US Bitcoin treasury company with backing from Metaplanet's large corporate holdings of the asset.

The deal involves 2,100 BTC (approximately $132.1 million) and $2.5 million in cash in exchange for new shares in Super League, priced at $3.00 per share. This investment totals around $134.6 million.

Metaplanet CEO Simon Gerovich expressed optimism about this move, stating that 'Superplanet is how we build in America, the deepest capital market in the world.'

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