Metaplanet secures approval to take a controlling stake in NASDAQ-listed firm SLE, successfully establishing its U.S. listing footprint.

Metaplanet Founder and CEO Simon Gerovich announced that the transaction between Metaplanet and U.S.-based Super League Enterprise, Inc. (Nasdaq ticker: SLE) has been formally approved at SLE’s general shareholder meeting. This marks a critical step for Metaplanet’s transition from a Bitcoin treasury company to a global Bitcoin-native financial platform. Per details, Metaplanet injected 2,100 Bitcoin and $2.5 million in cash into Nasdaq-listed Super League Enterprise (SLE), with a total value of approximately $134.6 million, in exchange for a controlling stake. In return, Metaplanet received around 44.86 million newly issued common shares of SLE (priced at $3 per share), plus preferred stock and warrants. Upon completion of the deal, Metaplanet will hold roughly 95.7% of SLE’s outstanding common shares, becoming its controlling shareholder. According to Gerovich, post-transaction, Superplanet will act as Metaplanet’s U.S.-listed Bitcoin treasury platform, allowing it to directly access U.S. capital markets and secure more agile, flexible financing capabilities. Strategically, paired with Metaplanet Securities (established in Japan), the approval will give the company complementary platforms in the world’s two most important capital markets: the U.S. and Japan. This will not only support its international financing and capital allocation, but also further drive its business expansion in sectors including Bitcoin treasury, financial services, financial products, and asset management. Gerovich noted that this is a new milestone in Metaplanet’s long-term growth journey, and the company will continue to provide updates on the transaction’s closing progress going forward.