DeFi Intel

Metaplanet commits 2,100 BTC to launch US treasury

Metaplanet has agreed to invest 2,100 Bitcoin and $2.5 million in Nasdaq-listed Super League Enterprise, securing a 95.7% stake. The deal creates a U.S. Bitcoin treasury company called Superplanet. The proposed transaction was disclosed in a joint company announcement published on Aug. 18.

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