MetaPlanet establishes a Bitcoin vault company on the NASDAQ stock exchange in the United States, investing 2100 BTC

Meta Planet, a company listed on the Tokyo Stock Exchange and one of the world's largest Bitcoin holders, has signed an agreement to acquire Super League Enterprise, a U.S.-listed game media company, and transform it into a Bitcoin-based financial subsidiary. This deal is noteworthy as it marks Meta Planet's first business venture outside of Japan. According to the agreement, Meta Planet will invest 2,100 BTC (approximately $132.1 million) and $2.5 million in cash in Super League, in exchange for common stock, preferred stock, and warrants. After the transaction is completed, Super League will change its name to Superplanet, Inc. and will be traded on the Nasdaq under the ticker symbol "SUPA." Meta Planet will incorporate Superplanet as a consolidated subsidiary, holding approximately 95.7% of its common stock, while the existing advertising and game media businesses will continue to operate as independent segments. The transaction is expected to be completed in the fourth quarter of this year. Meta Planet CEO Simon Gerovich: