Metaplanet to Invest 2,100 BTC in New U.S. Bitcoin Treasury Firm

• Metaplanet will own about 95.7% of Superplanet after the deal closes in Q4 2026.
• Superplanet will combine a Nasdaq listing with a Bitcoin treasury backed by Metaplanet.
• The deal creates U.S. and Japan Bitcoin treasury platforms under one corporate group.

Metaplanet has agreed to contribute 2,100 Bitcoin and $2.5 million in cash to Nasdaq-listed Super League Enterprise, marking its largest push into the U.S. market. The deal will see Super League rebrand as Superplanet and operate as a Bitcoin treasury company backed by one of the world’s largest corporate Bitcoin holders.

Metaplanet Expands Bitcoin Strategy Into U.S. Markets

According to a joint announcement Tuesday, Metaplanet will contribute Bitcoin worth approximately $132.1 million in exchange for 44.86 million Super League shares priced at $3 each, alongside preferred stock and long-term warrants.  

Meanwhile, once the transaction closes, Metaplanet is expected to own about 95.7% of Superplanet’s outstanding common shares. That stake would decline to approximately 93.6% if existing pre-funded warrants are exercised. 

The companies structured the transaction as a private placement rather than a reverse merger or SPAC deal. Super League will remain listed on Nasdaq while continuing to operate its gaming-focused advertising and media business.

METAPLANET TO INVEST 2,100 BTC IN NEW US BITCOIN TREASURY COMPANY

Metaplanet will invest 2,100 BTC, worth approximately $132 million, plus $2.5 million in cash into Nasdaq-listed Super League $SLE, which will be renamed “Superplanet” and trade as $SUPA.

Metaplanet is expected… pic.twitter.com/CbdwaIG2uf

— Bitcoin News (@BitcoinNewsCom) August 18, 2026

Matthew Edelman, Super League’s current chief executive, will lead the renamed company. Metaplanet will appoint the board chairman and hold a majority of board seats.

Transaction Gives Metaplanet Long-Term Control

Metaplanet will initially designate five of Superplanet’s nine directors, strengthening its influence over corporate strategy and treasury management.

The company will also receive ten-year warrants covering up to 381 million common shares across multiple exercise-price levels. 

In addition, Metaplanet secured the right to invest up to $210 million more through junior liquidity preferred stock during the two years following closing.

A five-year lock-up will apply to shares issued under the deal, as well as securities acquired through warrant exercises or preferred stock conversions. The restriction underscores Metaplanet‘s long-term commitment to the venture.

Superplanet is expected to serve as Metaplanet’s U.S. Bitcoin treasury platform, while the parent company continues accessing capital through Japanese markets. Together, the two entities will operate as separate listed platforms within the same corporate group.

Superplanet Aims to Increase Bitcoin Exposure

The new company plans to use its Bitcoin holdings as a foundation for future capital-raising initiatives, including potential perpetual preferred stock offerings.

Management believes the approach could provide access to additional funding without materially diluting common shareholders. Any future issuances, however, will remain subject to market conditions and regulatory requirements.

Metaplanet currently holds 43,000 BTC, making the planned contribution equivalent to roughly 4.9% of its treasury. The Bitcoin transferred to Superplanet will remain within the consolidated group and continue to be consolidated within Metaplanet’s financial statements. 

The transaction is expected to close in the fourth quarter of 2026, pending shareholder approval, regulatory reviews, and Nasdaq-related requirements.