Metaplanet expands Bitcoin treasury strategy to US with 2,100-BTC Nasdaq play

Tokyo-based Metaplanet is set to expand its Bitcoin treasury strategy into the United States through a partnership with Nasdaq-listed Super League Enterprise. The Japanese company plans to take a controlling stake in SLE, renaming it Superplanet and turning it into its US Bitcoin treasury platform. Metaplanet will contribute 2,100 Bitcoin (BTC) and $2.5 million in cash to Superplanet, which represents nearly 5% of its 43,000 BTC holdings.

The Bitcoin contribution is valued at approximately $135 million at current prices and will not result in new BTC purchases by Metaplanet, as the funds are sourced from its existing treasury. The transaction is expected to close in the fourth quarter of 2026, contingent on approval from Super League shareholders. With this move, Metaplanet aims to diversify its capital-raising avenues, while Superplanet taps into US markets.

The deal could also enable either company to pursue acquisitions in the US Bitcoin treasury sector, which may not be accessible to the Japanese parent company. Super League Enterprise, currently in the immersive gaming, content, and advertising business, saw its shares surge over 50% following the announcement, accompanied by a significant increase in trading activity.